Frequently Asked Questions
When Do I Receive Dividends?
Once a property is ready to pay dividends it will be allocated to a cluster – there are currently three clusters with a different selection of previous properties allocated to each.
The properties under a specific cluster will be paid quarterly. This allows enough time for rent to be collected, expenses to be paid and tenants to be sourced.
However, the clusters are set to rotate in such a way that there will always be a dividend payment occurring every month. The properties you are invested in, and which cluster they fall into, will determine how often you are paid dividends. Read more about this here.
Can I Reinvest My Dividends?
Absolutely. Re-investing your rental dividends in an upcoming Auction or an IPO will allow you to take advantage of the power of compounding returns. Re-investing your dividends is a fantastic way to build your portfolio and receive increasing rental dividends in future. This needs to be done manually.
When Is A Property Eligible For Auction?
All eligible properties will go to auction at the times listed in the calendar. If a property is not eligible for auction yet, it will fall into the following auction period. Check out the FAQ here.
*To be eligible for the dividend payment, you must be the holder of the relevant share 3 (three) business days before the dividend payment date. You can view historical dividend payments here.
Auction and Dividend Calendar
Cluster 1
|
Dividend
|
Auction
|
|
| May |
Payout: 15 May
Period: Feb - March
|
16-25 May |
| August |
Payout: 15 Aug
Period: Apr - Jun
|
16-25 Aug |
| November |
Payout: 15 Nov
Period: Jul - Sep
|
16-25 Nov |
| February |
Payout: 15 Feb
Period: Oct - Dec
|
16-25 Feb |
BlackBrick
Greenreef
Rockefeller
Blyde
Greenpark
BlackBrick Cape Town
7 on Middle
Exchange Lofts
Polofields
Monroe
Kikuyu
Cluster 2
|
Dividend
|
Auction
|
|
| June |
Payout: 15 June
Period: Feb - Apr
|
16 - 25 Jun |
| September |
Payout: 15 Sep
Period: May - Jul
|
16 - 25 Sep |
| December |
Payout: 15 Dec
Period: Aug - Oct
|
16 - 25 Dec |
| March |
Payout: 15 Mar
Period: Nov - Jan
|
16 - 25 Mar |
Ballito Groves
Four on O
The Bailey
The Reid
Ballito Hills
Carrington
Capital on Bath
Hyde Park House
BlackBrick Sandton Two
The Duke
Cluster 3
|
Dividend
|
Auction
|
|
| July |
Payout: 15 Jul
Period: Feb - May
|
16 - 25 Jul |
| October |
Payout: 15 Oct
Period: Jun - Aug
|
16 - 25 Oct |
| January |
Payout: 15 Jan
Period: Sep - Nov
|
16 - 25 Jan |
| April |
Payout: 15 Apr
Period: Dec - Feb
|
16 - 25 Apr |