Jadwa REIT to pay 1.8% dividends for Q2 2020

28/07/2020 Argaam Exclusive

Content Summary:

Loading data...

Comments Analysis:

Positive: 0%
Neutral: 0%
Negative: 0%
Comments Summary:Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original sources for complete details and to verify the accuracy of the information.
0

Jadwa REIT Saudi Fund will pay 1.8% cash dividends to unit holders for the second quarter of 2020, at SAR 0.18 per unit, amounting to SAR 28.44 million, Jadwa Investment, the fund manager, said in a bourse filing on Tuesday.

 

Cash dividends account for 1.61% of the fund’s net asset value based on fair value as of December 31, 2019.

Dividend Details (Q2 2020)

Fund size

SAR 1.58 bln

Number of units

158 mln

Dividend

SAR 28.44 mln

Percentage of capital

1.8% (SAR 0.18/unit)

Record date

Aug. 9, 2020 (including registered unit holders on Aug. 11)

Payment day

Within 20 days from record date

Dividend Details (H1 2020)

Dividend

SAR 56.88 mln

Percentage of capital

3.6% (SAR 0.36/unit)

Kindly, you can view the full report by subscribing to the Advanced Package and the report contains details, historical information, and charts


Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
9.88
(0.22) (2.18 %)

Valuation Data (Latest Share Price)

P/E (TTM) 33.04
P/E Before Unusual Items (TTM) -
P/BV 1.06
Dividend Yield 7.94 %
Market Cap. (M) 1,842.72
Return on Average Assets 2.55 %
Return on Average Equity 3.13 %
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website