SEDCO Capital REIT distributes 1.45% cash dividend for Q3 2023
Saudi Economic and Development Securities Co. (SEDCO Capital) announced the distribution of cash dividends to unitholders of SEDCO Capital REIT Fund at 1.45% of capital (SAR 0.145 per unit) for Q3 2023, according to a statement to Tadawul.
Dividend Details (Q3 2023) |
|
Current Capital |
SAR 1.86 bln |
Number of Units |
186.94 mln |
Total Dividend |
SAR 27.11 mln |
Percentage of Capital |
1.45% (SAR 0.145 per unit) |
Record Date |
Unitholders of record until the end of Oct. 26, 2023 |
Payment Date |
Nov. 30, 2023 |
Total Dividends |
|
Total Dividends |
SAR 70.54 mln |
Percentage of Capital |
4.35% (SAR 0.43 per unit) |
In a filing to Tadawul, the company added that the dividend payout ratio is 1.68% of the net asset value as of June 30, 2023. This translates into 6.11% on an annualized basis.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
18/10/2023 | 24/10/2023 | 30/11/2023 | 27.11 | 0.15 | |
27/07/2023 | 03/08/2023 | 31/08/2023 | 25.07 | 0.13 | |
07/05/2023 | 09/05/2023 | 15/06/2023 | 18.36 | 0.16 | |
25/12/2022 | 29/12/2022 | 16/02/2023 | 21.30 | 0.18 | |
29/09/2022 | 06/10/2022 | 17/11/2022 | 21.30 | 0.18 | |
03/07/2022 | 13/07/2022 | 18/08/2022 | 20.56 | 0.17 | |
31/03/2022 | 11/04/2022 | 12/05/2022 | 20.27 | 0.17 | |
27/12/2021 | 28/12/2021 | 20/01/2022 | 9.75 | 0.16 | |
27/09/2021 | 30/09/2021 | 21/10/2021 | 9.75 | 0.16 | |
27/06/2021 | 30/06/2021 | 28/07/2021 | 9.15 | 0.15 |
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any
Dividend History
Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
---|---|---|---|
Last 3 Financial years | 1.55 | 9.37 | 16.59 % |
Last 5 Financial years | 2.77 | 8.01 | 34.58 % |
Last 10 Financial years | N/A | N/A | N/A |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
P/E (TTM) | 21.10 |
P/E Before Unusual Items (TTM) | - |
P/BV | 1.02 |
Dividend Yield | 5.73 % |
Market Cap. (M) | 1,551.64 |
Return on Average Assets | 3.09 % |
Return on Average Equity | 4.77 % |
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