Musharaka REIT distributes 3% cash dividend for H1 2021

04/07/2021 Argaam Exclusive

Musharaka Capital announced the distribution of 3% cash dividend to Musharaka REIT Fund unitholders for the first half of 2021, at SAR 0.30 per unit, amounting to SAR 26.40 million. 

 

The dividend represents 2.99% of net assets based on the fair market value as of Dec. 31, 2020, the fund manager added.

 

Dividend Details (H1 2021)

Current capital

SAR 880 mln

Number of units

88 mln

Dividend

SAR 26.40 mln

Percentage of capital

3% (SAR 0.30/unit)

Record date

July 13 (Registered unitholders by the end of July 15)

Payment day

Within 15 business days from record date

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4.84
(0.03) (0.62 %)

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) -
P/BV 0.56
Dividend Yield 2.94 %
Market Cap. (M) 425.92
Return on Average Assets (1.45 %)
Return on Average Equity (3.02 %)

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