Mulkia Gulf Real Estate REIT to pay 1% cash dividend for Q2 2023

17/07/2023 Argaam Exclusive

Mulkia Gulf Real Estate REIT will pay a cash dividend at 1%, or SAR 0.10 a unit, to unitholders for the period from April 1 to June 30, 2023, fund manager Mulkia Investment Co. said in a statement to the Saudi Exchange (Tadawul).

 

Dividend Details (Q2 2023) 

Capital 

SAR 1.03 bln 

Number of Units 

103.77 mln 

Total Dividend 

SAR 10.38 mln 

Percentage of Capital 

1% (SAR 0.10 a unit) 

Record Date 

July 18, 2023 (Unitholders of record by the end of July 20, 2023) 

Payment Date 

Within 30 business days from the record date

 

The payout ratio of net asset value (NAV) reached 1.19% as of June 30, 2023.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/07/2023 18/07/2023 17/08/2023 10.38 0.10
11/04/2023 13/04/2023 08/05/2023 8.85 0.13
18/01/2023 29/01/2023 13/02/2023 8.85 0.13
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
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 1.48 9.00 16.39 %
Last 5 Financial years 2.56 8.12 31.54 %
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

5.52
(0.01) (0.18 %)
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Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) -
P/BV 0.72
Dividend Yield 6.37 %
Market Cap. (M) 572.79
Return on Average Assets (0.89 %)
Return on Average Equity (1.70 %)

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