Al Rajhi REIT Fund (Al Rajhi REIT) is a closed-ended Shariah-compliant real estate investment traded fund the offering of the units in Al Rajhi REIT has been approved by the Saudi Arabian Capital Market Authority on 30/3/1439H (corresponding to 18/12/2017G). The Al Rajhi REIT operates in accordance with Real Estate Investment Funds Regulations and REIT Instructions issued by the CMA. Al Rajhi REIT is listed on Tadawul and units of the Al Rajhi REIT shall be on traded on the Tadawul in accordance with its rules and regulations. The Initial Capital of the Al Rajhi REIT was SAR 1,222,006,090 divided into 122,200,609 units with inception price of SAR 10 per unit. Further in 4Q 2019, it went through total asset value increase process and issued 39,656,248 units at SAR 8.8 per unit. Thereby as of now, total issued units stands at 161,856,857. Al Rajhi REIT has a term of 99 years, which is extendable in the discretion of the Fund Manager with the prior approval of the Fund Board and CMA. Investment Objectives and Strategy: The investment objective of the Al Rajhi REIT is to invest in income generating real estate assets and to distribute to investors an annual cash dividend of no less than 90% of the REIT s net income during the period of the Fund on semi-annual basis at the end of each month of February and August of each calendar year. The said profits are distributed except capital gains arising from the sale of real estate assets which are reinvested in additional assets to serve the interests of the unit holders. The Fund currently invests in 18 properties and will distribute the dividends.
Al Rajhi REIT Fund Dividend Announcement
• Al Rajhi REIT Fund announced a quarterly dividend of ر.س0.14 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-10
• Al Rajhi REIT Fund annual dividend for 2024 was ر.س0.55
• Al Rajhi REIT Fund annual dividend for 2023 was ر.س0.73
• Al Rajhi REIT Fund's trailing twelve-month (TTM) dividend yield is 6.42%
• Al Rajhi REIT Fund's payout ratio for the trailing twelve months (TTM) is 123.28%
• Al Rajhi REIT Fund's dividend growth over the last five years (2018-2023) was 33.25% year
Al Rajhi REIT Fund Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-10 | ر.س0.14 | quarterly | 2024-11-28 |
| 2024-08-08 | ر.س0.13 | quarterly | 2024-08-29 |
| 2024-05-07 | ر.س0.14 | quarterly | 2024-05-30 |
| 2024-02-08 | ر.س0.14 | quarterly | 2024-02-29 |
| 2023-11-16 | ر.س0.13 | quarterly | 2023-12-14 |
| 2023-07-05 | ر.س0.12 | quarterly | 2023-07-30 |
| 2023-05-11 | ر.س0.15 | quarterly | 2023-05-22 |
| 2023-02-12 | ر.س0.33 | quarterly | 2023-02-26 |
| 2022-08-09 | ر.س0.33 | quarterly | 2022-08-28 |
| 2022-02-08 | ر.س0.28 | quarterly | 2022-02-27 |
| 2021-02-09 | ر.س0.28 | quarterly | 2021-02-25 |
| 2020-08-11 | ر.س0.28 | quarterly | 2020-08-27 |
| 2020-02-11 | ر.س0.21 | quarterly | 2020-02-27 |
| 2019-07-31 | ر.س0.32 | quarterly | 2019-08-22 |
| 2019-02-13 | ر.س0.31 | quarterly | 2019-02-26 |
| 2018-07-18 | ر.س0.17 | quarterly | 2018-07-31 |
Al Rajhi REIT Fund Dividend per year
Al Rajhi REIT Fund Dividend growth
Al Rajhi REIT Fund Dividend Yield
Al Rajhi REIT Fund current trailing twelve-month (TTM) dividend yield is 6.42%. Interested in purchasing Al Rajhi REIT Fund stock? Use our calculator to estimate your expected dividend yield:
Al Rajhi REIT Fund Financial Ratios
P/E ratio12.79
PEG ratio0.13
P/B ratio1.06
ROE9.35%
Payout ratio123.28%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Al Rajhi REIT Fund Dividend FAQ
How much is the next Al Rajhi REIT Fund dividend?
Al Rajhi REIT Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Al Rajhi REIT Fund dividend. The next Al Rajhi REIT Fund dividend will be released in February, May, July, or November.
When is Al Rajhi REIT Fund dividend paid?
Al Rajhi REIT Fund pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, July, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Al Rajhi REIT Fund pay?
The specific amount of Al Rajhi REIT Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Al Rajhi REIT Fund's dividend history.
Does Al Rajhi REIT Fund stock pay dividends?
Yes, Al Rajhi REIT Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Al Rajhi REIT Fund's dividend history.
How much dividend does Al Rajhi REIT Fund pay?
Al Rajhi REIT Fund paid ر.س0.545 in 2024, ر.س0.73 in 2023, ر.س0.61 in 2022, ر.س0.28 in 2021, and ر.س0.49 in 2020.
How often does Al Rajhi REIT Fund pay dividends?
Al Rajhi REIT Fund typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, July, and November.
What is Al Rajhi REIT Fund's dividend yield?
The current dividend yield for Al Rajhi REIT Fund is 6.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Al Rajhi REIT Fund's exact dividend yield.
When does Al Rajhi REIT Fund go ex dividend?
Al Rajhi REIT Fund's ex-dividend date for the latest dividend was on 2024-11-10. Al Rajhi REIT Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Al Rajhi REIT Fund dividend paid?
Al Rajhi REIT Fund pays dividends on a quarterly basis, typically around February, May, July, or November, but the exact dates can vary each year.
Will Al Rajhi REIT Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Al Rajhi REIT Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Al Rajhi REIT Fund dividend per share?
Al Rajhi REIT Fund paid ر.س0.545 per share in 2024 and ر.س0.73 per share in 2023. The amount of dividend per share that Al Rajhi REIT Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Al Rajhi REIT Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Al Rajhi REIT Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Al Rajhi REIT Fund a dividend stock?
Yes, Al Rajhi REIT Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Al Rajhi REIT Fund a good dividend stock?
Whether Al Rajhi REIT Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Al Rajhi REIT Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Al Rajhi REIT Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Al Rajhi REIT Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Al Rajhi REIT Fund pay dividends monthly?
Al Rajhi REIT Fund typically pays dividends on a quarterly basis.
Does Al Rajhi REIT Fund pay dividends quarterly?
Al Rajhi REIT Fund currently pays dividends on a quarterly basis.
Has Al Rajhi REIT Fund ever paid a dividend?
Yes, Al Rajhi REIT Fund has a history of paying dividends to its shareholders. Al Rajhi REIT Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Al Rajhi REIT Fund dividend stocks?
To buy Al Rajhi REIT Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Al Rajhi REIT Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Al Rajhi REIT Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Al Rajhi REIT Fund pay dividends 2024?
Al Rajhi REIT Fund pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Al Rajhi REIT Fund increase its dividend in 2024?
Decisions regarding Al Rajhi REIT Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Al Rajhi REIT Fund dividend overview you can look into the above table of dividend history.
How Al Rajhi REIT Fund dividend works?
The Al Rajhi REIT Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Al Rajhi REIT Fund's dividend process works:
1. Determination of Dividend: Al Rajhi REIT Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Al Rajhi REIT Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Al Rajhi REIT Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Al Rajhi REIT Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Al Rajhi REIT Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Al Rajhi REIT Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Al Rajhi REIT Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Al Rajhi REIT Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Al Rajhi REIT Fund dividends paid?
Al Rajhi REIT Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Al Rajhi REIT Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Al Rajhi REIT Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Al Rajhi REIT Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Al Rajhi REIT Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Al Rajhi REIT Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Al Rajhi REIT Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Al Rajhi REIT Fund pay dividends?
Al Rajhi REIT Fund typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Al Rajhi REIT Fund pay dividends?
The general pattern is that Al Rajhi REIT Fund pays dividends around February, May, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Al Rajhi REIT Fund dividend safe?
The safety of Al Rajhi REIT Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Al Rajhi REIT Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Al Rajhi REIT Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Al Rajhi REIT Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Al Rajhi REIT Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.