Riyad REIT to distribute 1.5% cash dividend for H2 2023
Riyad Capital announced the distribution of a 1.5% cash dividend, or SAR 0.15 per unit, to Riyad REIT Fund’s unitholders for H2 2023, according to a statement to Tadawul today, March 25.
Dividend Details (H2 2023) |
|
Current Capital |
SAR 1.63 bln |
Number of Units |
171.70 mln |
Total Dividends |
SAR 25.75 mln |
Dividend per Unit |
1.5% (SAR 0.15 per unit) |
Record Date |
Unitholders of record by the end of April 4, 2024 (By the close of trading on April 2, 2024) |
Payment Date |
Within 15 working days from the record date |
Full-Year Dividend (2023) |
|
Total Dividend |
SAR 68.67 mln |
Percentage of Capital |
4% (SAR 0.4 per unit) |
The distribution represents 1.36% 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 |
25/03/2024 | 02/04/2024 | 25/04/2024 | 25.75 | 0.15 | |
16/08/2023 | 17/09/2023 | 05/10/2023 | 42.92 | 0.25 | |
26/03/2023 | 06/04/2023 | 02/05/2023 | 42.92 | 0.25 | |
29/08/2022 | 04/09/2022 | 21/09/2022 | 75.55 | 0.44 | |
13/02/2022 | 24/03/2022 | 30/03/2022 | 80.70 | 0.47 | |
15/08/2021 | 22/08/2021 | 12/09/2021 | 46.36 | 0.27 | |
22/03/2021 | 28/03/2021 | 18/04/2021 | 42.92 | 0.25 | |
26/08/2020 | 03/09/2020 | 28/09/2020 | 34.34 | 0.20 | |
05/04/2020 | 12/04/2020 | 03/05/2020 | 42.92 | 0.25 | |
20/08/2019 | 25/08/2019 | 10/09/2019 | 41.21 | 0.24 |
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 | 1.83 | 8.50 | 21.53 % |
Last 5 Financial years | 2.77 | 7.85 | 35.29 % |
Last 10 Financial years | N/A | N/A | N/A |
Based on the beginning of the period (January 1 of the base year)
Valuation Data (Latest Share Price)
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | - |
P/BV | 0.76 |
Dividend Yield | 4.51 % |
Market Cap. (M) | 1,095.43 |
Return on Average Assets | (0.24 %) |
Return on Average Equity | (0.49 %) |
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