Mulkia REIT to pay 1% cash dividend for Q4 2023
Mulkia Gulf Real Estate REIT (Mulkia REIT) will pay a cash dividend of 1%, or SAR 0.10 a unit, to unitholders for Q4 2023, fund manager Mulkia Investment Co. said in a statement to Tadawul.
Dividend Details (Q4 2023) |
|
Capital |
SAR 1.03 bln |
Number of Units |
103.77 mln |
Total Dividend |
SAR 10.38 mln |
Percentage of Capital |
1% (SAR 0.10 a unit) |
Record Date |
Jan 25, 2023 (Unitholders of record by the end of Jan. 29, 2023) |
Payment Date |
March 3, 2024 |
Total Dividend (2023) |
|
Total Dividend |
SAR 39.99 mln |
*The fund’s total asset value was raised to SAR 1.03 billion from SAR 681.1 million
The payout ratio stands at 1.2% of net asset value (NAV) as of Dec. 31, 2023.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
16/01/2024 | 25/01/2024 | 03/03/2024 | 10.38 | 0.10 | |
16/10/2023 | 19/10/2023 | 16/11/2023 | 10.38 | 0.10 | |
17/07/2023 | 18/07/2023 | 17/08/2023 | 10.38 | 0.10 | |
11/04/2023 | 13/04/2023 | 08/05/2023 | 8.85 | 0.13 | |
18/01/2023 | 29/01/2023 | 13/02/2023 | 8.85 | 0.13 | |
17/10/2022 | 23/10/2022 | 03/11/2022 | 8.85 | 0.13 | |
18/07/2022 | 24/07/2022 | 04/08/2022 | 8.85 | 0.13 | |
17/04/2022 | 10/05/2022 | 22/05/2022 | 8.85 | 0.13 | |
17/01/2022 | 24/01/2022 | 03/02/2022 | 12.26 | 0.18 | |
10/10/2021 | 12/10/2021 | 24/10/2021 | 8.85 | 0.13 |
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 | 1.48 | 9.00 | 16.39 % |
Last 5 Financial years | 2.56 | 8.12 | 31.54 % |
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) | 42.55 |
P/E Before Unusual Items (TTM) | - |
P/BV | 0.72 |
Dividend Yield | 6.37 % |
Market Cap. (M) | 559.30 |
Return on Average Assets | 0.96 % |
Return on Average Equity | 1.65 % |
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