Jadwa REIT to distribute 2% cash dividend for Q3 2023

19/11/2023 Argaam Exclusive

Jadwa Investment Co. announced paying a 2% cash dividend, or SAR 0.20 per unit, to Jadwa REIT Saudi Fund’s unitholders for Q3 2023, as follows: 

 

Dividends Details (Q3 2023)

Capital

SAR 1.86 bln

Number of Units

186.51 mln

Total Dividend

SAR 37.30 mln

Percentage of Capital

2% (SAR 0.20 per unit) 

Record Date

  (Unitholders of record by the close of Nov. 28, 2023) 

Payout Date

Within 20 business days from the record date

 

 

Total Dividends

SAR 111.9 mln

Percentage of Capital

6% (SAR 0.60 per unit) 
 

The payout ratio stands at 1.87% of the fund’s net asset value as of June 30, 2023, the company said in a statement to Tadawul today, Nov. 19. 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
19/11/2023 26/11/2023 24/12/2023 37.30 0.20
02/08/2023 09/08/2023 06/09/2023 37.30 0.20
22/05/2023 29/05/2023 26/06/2023 37.30 0.20
07/03/2023 14/03/2023 11/04/2023 37.30 0.20
28/11/2022 05/12/2022 02/01/2023 37.30 0.20
01/09/2022 07/09/2022 05/10/2022 37.30 0.20
25/05/2022 31/05/2022 28/06/2022 37.30 0.20
07/03/2022 13/03/2022 30/03/2022 37.30 0.20
05/10/2021 11/10/2021 06/12/2021 31.60 0.20
22/08/2021 26/08/2021 21/09/2021 31.60 0.20
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 2.30 14.10 16.31 %
Last 5 Financial years 3.76 8.76 42.92 %
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

Jadwa REIT Saudi Fund
11.70
(0.16) (1.35 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 10.90
P/E Before Unusual Items (TTM) -
P/BV 1.19
Dividend Yield 5.97 %
Market Cap. (M) 2,182.16
Return on Average Assets 9.18 %
Return on Average Equity 11.10 %

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