Alinma Hospitality REIT distributes 3.2% cash dividend for H2 2023

01/01/2024 Argaam Exclusive

Alinma Investment Co. announced the distribution of a 3.2% cash dividend to Alinma Hospitality REIT’s unitholders for the second half of 2023 at SAR 0.32 per unit, according to a Tadawul statement. 

  

Dividend Details (H2 2023)

Current Capital

SAR 1.02 bln

Number of Units

102 mln

Dividend

SAR 32.64 mln

Percentage of Capital

3.2% (SAR 0.32 per unit)

Record Date

Jan. 9, 2024 (Unitholders registered with Edaa on Jan. 11, 2024)

Payment Date

Within 15 business days from the record date

 

Total Dividend (2023)

Total Dividend

SAR 65.28 mln

Percentage of Capital

6.4%

 

The dividend percentage stood at 3.19% of the net asset value based on the fair value as of June 30, 2023. 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/01/2024 09/01/2024 30/01/2024 32.64 0.32
14/06/2023 06/07/2023 18/07/2023 32.64 0.32
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 N/A N/A N/A
Last 5 Financial years N/A N/A N/A
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

8.15
(0.12) (1.45 %)

Valuation Data (Latest Share Price)

P/E (TTM) 17.02
P/E Before Unusual Items (TTM) -
P/BV 0.80
Dividend Yield 6.60 %
Market Cap. (M) 831.32
Return on Average Assets 4.59 %
Return on Average Equity 4.74 %

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