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. 

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

15.50
(0.10) (0.64 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.54
P/E Before Unusual Items (TTM) -
P/BV 1.96
Dividend Yield 2.02 %
Market Cap. (M) 182.90
Return on Average Assets 10.17 %
Return on Average Equity 10.34 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.