Musharaka REIT to pay 1% cash dividend for H2 2023
Musharaka REIT Fund will pay a 1% cash dividend, or SAR 0.1 a unit, totaling SAR 8.8 million, for the period from July 1 to Dec. 31, 2023, according to a filing to Tadawul today, March 31.
|
Dividend Details (H2 2023) |
|
|
Capital |
SAR 880 mln |
|
Number of Units |
88 mln |
|
Cash Dividend |
SAR 8.8 mln |
|
Percentage of Capital |
1% (SAR 0.1 per unit) |
|
Record Date |
April 18, 2024 (Shareholders of record at the end of trading on April 16, 2024) |
|
Payment Date |
Within 30 business days from the record date |
|
Full-Year Dividends (2023) |
|
|
Total Dividend |
SAR 14.34 mln |
|
Percentage of Capital |
1.7% (SAR 0.17 per unit) |
The payment ratio to the net asset value reached 1.12% as of Dec. 31, 2023.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 31/03/2024 | 16/04/2024 | 28/05/2024 | 8.80 | 0.10 | |
| 14/08/2023 | 21/08/2023 | 11/09/2023 | 6.16 | 0.07 | |
| 23/01/2023 | 05/02/2023 | 19/03/2023 | 17.60 | 0.20 | |
| 17/07/2022 | 26/07/2022 | 16/08/2022 | 26.40 | 0.30 | |
| 23/01/2022 | 27/01/2022 | 17/02/2022 | 26.40 | 0.30 | |
| 04/07/2021 | 13/07/2021 | 10/08/2021 | 26.40 | 0.30 | |
| 03/01/2021 | 10/01/2021 | 20/01/2021 | 26.40 | 0.30 | |
| 02/07/2020 | 09/07/2020 | 28/07/2020 | 30.80 | 0.35 | |
| 02/01/2020 | 05/01/2020 | 23/01/2020 | 30.80 | 0.35 | |
| 23/06/2019 | 27/06/2019 | 16/07/2019 | 30.80 | 0.35 |
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 | 1.27 | 9.72 | 13.07 % |
| Last 5 Financial years | 2.62 | 8.12 | 32.27 % |
| Last 10 Financial years | N/A | N/A | N/A |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Most Read
- Fed likely to end quantitative tightening this month: Analysts
- Goldman launches ETF tracking private equity-style returns
- RCU to launch 21 projects worth SAR 6B to attract private investments
- Private Capital Forum 2025 Concludes in Riyadh
- Saudi Arabia's direct, indirect reliance on oil falls to 68%: Minister
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | - |
| P/BV | 0.53 |
| Dividend Yield | 5.08 % |
| Market Cap. (M) | 380.16 |
| Return on Average Assets | (1.30 %) |
| Return on Average Equity | (2.77 %) |
Call Request
Comments Analysis: