Mulkia Gulf Real Estate REIT to pay 1.3% cash dividend for Q3 2022

17/10/2022 Argaam Exclusive

Mulkia Gulf Real Estate REIT will pay a cash dividend at 1.3%, or SAR 0.13 a unit, to unitholders for the period from July 1 – Sept. 30, 2022, Mulkia Investment Co. said in a filing to the Saudi Exchange (Tadawul).

 

Dividend Details

Capital

SAR 681.1 mln

Number of Units

68.11 mln

Total Dividends

SAR 8.85 mln

Percentage of Capital

1.3% (SAR 0.13 a unit)

Record Date

Oct. 23, 2022 (Shareholders of record on Oct. 25, 2022)

Payment Date

Nov. 3, 2022

 

Total Dividends

Total Dividends

SAR 26.55 mln

Percentage of Capital

3.9% (SAR 0.39 a unit)

 

The payout ratio of net asset value (NAV) reached 1.39% as on Sept. 30, 2022.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/10/2022 23/10/2022 03/11/2022 8.85 0.13
18/07/2022 24/07/2022 04/08/2022 8.85 0.13
17/04/2022 10/05/2022 22/05/2022 8.85 0.13
17/01/2022 24/01/2022 03/02/2022 12.26 0.18
10/10/2021 12/10/2021 24/10/2021 8.85 0.13
13/07/2021 27/07/2021 05/08/2021 8.85 0.13
13/04/2021 15/04/2021 29/04/2021 8.85 0.13
18/01/2021 20/01/2021 08/02/2021 6.81 0.10
15/10/2020 19/10/2020 04/11/2020 6.81 0.10
12/07/2020 14/07/2020 06/08/2020 6.81 0.10
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 1.50 9.90 15.11 %
Last 5 Financial years 2.86 9.11 31.34 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 42.87
P/E Before Unusual Items (TTM) -
P/BV 0.72
Dividend Yield 6.37 %
Market Cap. (M) 563.45
Return on Average Assets 0.96 %
Return on Average Equity 1.65 %

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