Mulkia Gulf Real Estate REIT to pay 1% cash dividend for Q3 2023

16/10/2023 Argaam Exclusive

Mulkia Gulf Real Estate REIT will pay a 1% cash dividend, or SAR 0.10 a unit, to unitholders for the period from July 1 to Sept. 30, 2023, fund manager Mulkia Investment Co. said in a Tadawul statement today, Oct. 16.

Dividend Details (Q3 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 

Oct. 19, 2023 (Unitholders of record by the end of Oct. 23, 2023) 

Payment Date 

Within 30 business days from the record date

 

Total Dividend for 9M 2023

Total Dividend

SAR 29.61 mln

Percentage to Capital

3.3% (SAR 0.33 per unit)

The payout ratio represents 1.20% of the fund’s net asset value (NAV) as of Sept. 30, 2023.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/10/2023 19/10/2023 16/11/2023 10.38 0.10
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
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

Valuation Data (Latest Share Price)

P/E (TTM) 42.63
P/E Before Unusual Items (TTM) -
P/BV 0.72
Dividend Yield 6.37 %
Market Cap. (M) 560.34
Return on Average Assets 0.96 %
Return on Average Equity 1.65 %

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.