Dipula Income Fund Limited advised that distributable earnings for the six months ended 28 February 2023 are expected to be ZAR 256.65 million, representing a 6.9% decrease in comparison to the distributable earnings of ZAR 275.73 million for the six months ended 28 February 2022. The Company expects to declare 90% of distributable earnings for HY 2023 as a dividend to shareholders. As a result of the expected decrease in distributable earnings and the significant increase in the number of shares in issue, Dipula expects the interim distributable earnings per Dipula ordinary B share and dividend per Dipula ordinary B share to be 28.71883 cents and 25.84695 respectively, representing a decrease when compared to the distributable earnings per Dipula ordinary B share declared in the prior comparative period.