Aljazira REIT pays 3% cash dividend for 12 months

12/10/2020 Argaam Exclusive

Aljazira Capital, the fund manager of Aljazira REIT Fund, announced the distribution of cash dividend to unit holders at 3%, or SAR 0.30 per unit for H2 2019 and H1 2020, it said in a bourse statement.

Dividend details

Capital

SAR 118.0 mln

Number of units

11.8 mln

Dividend

SAR 3.54 mln

Percentage of capital

3% (SAR 0.30 per unit)

Record date

Oct. 15, 2020 (Unitholders of record on Oct. 19, 2020)

Payment date

Within 10 days of the record date

 

The payout ratio stood at 3.6% of the net asset value (NAV), the statement added. 

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15.42
(0.12) (0.77 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.44
P/E Before Unusual Items (TTM) -
P/BV 1.95
Dividend Yield 2.02 %
Market Cap. (M) 181.96
Return on Average Assets 10.17 %
Return on Average Equity 10.34 %

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