Al Rajhi REIT pays 1.4% dividend for Q4 2024
Al Rajhi Capital announced paying a cash dividend at 1.4% of capital, or SAR 0.14 per unit, to Al Rajhi REIT Fund’s unitholders for the three-month period ended Dec. 31, 2024, as shown in the following table:
Dividend Details (Q4 2024) |
|
Capital |
SAR 2.75 bln |
Number of Units |
275.61 mln |
Total Dividend |
SAR 38.59 mln |
Percentage of Capital |
1.4% (SAR 0.14 per unit) |
Record Date |
Feb. 10, 2025 (Unitholders of record by the close of Feb. 6, 2025) |
Payout Date |
Feb. 27, 2025 |
Total Dividend (2024) |
|
Total Dividend |
SAR 150.22 mln |
Percentage of Capital |
5.45% (SAR 0.545 per unit) |
The payout ratio stands at 1.65% of Al Rajhi REIT’s net asset value as of June 30, 2024, the fund manager said in a statement to Tadawul today, Jan. 29.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
29/01/2025 | 06/02/2025 | 27/02/2025 | 38.59 | 0.14 | |
30/10/2024 | 07/11/2024 | 28/11/2024 | 38.59 | 0.14 | |
31/07/2024 | 08/08/2024 | 29/08/2024 | 35.83 | 0.13 | |
01/05/2024 | 07/05/2024 | 30/05/2024 | 37.21 | 0.14 | |
31/01/2024 | 08/02/2024 | 29/02/2024 | 38.59 | 0.14 | |
06/11/2023 | 16/11/2023 | 14/12/2023 | 35.83 | 0.13 | |
02/07/2023 | 05/07/2023 | 30/07/2023 | 19.42 | 0.12 | |
03/05/2023 | 11/05/2023 | 22/05/2023 | 24.28 | 0.15 | |
06/02/2023 | 12/02/2023 | 26/02/2023 | 53.41 | 0.33 | |
03/08/2022 | 09/08/2022 | 28/08/2022 | 53.41 | 0.33 |
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 | 1.63 | 11.00 | 14.85 % |
Last 5 Financial years | 2.75 | 9.66 | 28.50 % |
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) | 16.20 |
P/E Before Unusual Items (TTM) | - |
P/BV | 1.05 |
Dividend Yield | 4.83 % |
Market Cap. (M) | 2,317.86 |
Return on Average Assets | 4.55 % |
Return on Average Equity | 8.43 % |
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