SEDCO Capital REIT distributes 1.56% cash dividend for Q1 2023

07/05/2023 Argaam Exclusive

Saudi Economic and Development Securities Co. (SEDCO Capital) announced the distribution of cash dividends to unitholders of SEDCO Capital REIT Fund at 1.56% of capital (SAR 0.156 per unit) for Q1 2023 as follows:

 

Dividend Details (Q1 2023)

Current Capital

SAR 1.175 bln

Number of Units

117.50 mln

Dividend

SAR 18.36 mln

Percentage of Capital

1.56% (SAR 0.156 per unit)

Record Date

May 11, 2023

Payment Date

June 15, 2023

 

In a filing to Tadawul, the company added that the distribution ratio is 1.78% of the net asset value as of Dec 31, 2022.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/05/2023 09/05/2023 15/06/2023 18.36 0.16
25/12/2022 29/12/2022 16/02/2023 21.30 0.18
29/09/2022 06/10/2022 17/11/2022 21.30 0.18
03/07/2022 13/07/2022 18/08/2022 20.56 0.17
31/03/2022 11/04/2022 12/05/2022 20.27 0.17
27/12/2021 28/12/2021 20/01/2022 9.75 0.16
27/09/2021 30/09/2021 21/10/2021 9.75 0.16
27/06/2021 30/06/2021 28/07/2021 9.15 0.15
01/04/2021 05/04/2021 03/06/2021 9.15 0.15
24/12/2020 28/12/2020 21/01/2021 7.50 0.13
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 1.55 9.37 16.59 %
Last 5 Financial years 2.77 8.01 34.58 %
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

8.34
(0.01) (0.12 %)

Valuation Data (Latest Share Price)

P/E (TTM) 21.21
P/E Before Unusual Items (TTM) -
P/BV 1.02
Dividend Yield 5.73 %
Market Cap. (M) 1,559.11
Return on Average Assets 3.09 %
Return on Average Equity 4.77 %

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