The investment objective of the Fund is to achieve continuous and growthable cash dividends for unitholders and to develop the Fund''s assets through direct investment in structurally developed and income-generating real estate. The Fund intends to focus heavily on the hotel sector, hospitality and tourist accommodation in its investments. The Fund may invest partially in real estate development projects, provided that the assets of the Fund invested in real estate developed for construction development and capable of realizing periodic rental income are not less than (75%).
Alinma Hospitality REIT Fund Dividend Announcement
• Alinma Hospitality REIT Fund announced a semi annually dividend of ر.س0.32 per ordinary share which will be made payable on 2024-08-01. Ex dividend date: 2024-07-18
• Alinma Hospitality REIT Fund annual dividend for 2024 was ر.س0.64
• Alinma Hospitality REIT Fund annual dividend for 2023 was ر.س0.32
• Alinma Hospitality REIT Fund's trailing twelve-month (TTM) dividend yield is 7.49%
• Alinma Hospitality REIT Fund's payout ratio for the trailing twelve months (TTM) is 133.64%
Alinma Hospitality REIT Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-18 | ر.س0.32 | semi annually | 2024-08-01 |
2024-01-10 | ر.س0.32 | semi annually | 2024-01-10 |
2023-07-09 | ر.س0.32 | semi annually | 2023-07-18 |
Alinma Hospitality REIT Fund Dividend per year
Alinma Hospitality REIT Fund Dividend Yield
Alinma Hospitality REIT Fund current trailing twelve-month (TTM) dividend yield is 7.49%. Interested in purchasing Alinma Hospitality REIT Fund stock? Use our calculator to estimate your expected dividend yield:
Alinma Hospitality REIT Fund Financial Ratios
Alinma Hospitality REIT Fund Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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