Alinma Hospitality REIT distributes 3.2% cash dividend for H1 2024

10/07/2024 Argaam Exclusive

Alinma Investment Co. announced the distribution of a cash dividend of SAR 0.32 per unit, or 3.2% of capital, to Alinma Hospitality REIT’s unitholders for the first half of 2024, according to a Tadawul statement.  

 

Dividend Details (H1 2024)

Current Capital

SAR 1.02 bln

Number of Units

102 mln

Total Dividends

SAR 32.64 mln

Percentage of Capital

3.2% (SAR 0.32 per unit)

Record Date

July 22, 2024 (Unitholders registered with Edaa on July 2, 2024)

Payment Date

Within 15 business days from the record date

 

The dividend percentage stood at 3.11% of the net asset value based on the fair value as of Dec. 31, 2023. 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
10/07/2024 18/07/2024 08/08/2024 32.64 0.32
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 %

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.