Table of Contents

company-logo

A closed-ended real estate investment fund traded in the parallel market (Nomu) compliant with Sharia standards approved by the Sharia Supervisory Committee, established in the Kingdom of Saudi Arabia under the Real Estate Investment Funds Regulations and the regulations and rules applied in the Kingdom. The fund is subject to the Capital Market Authority rules and regulations and the rules of the parallel market (Nomu) listing regulations, the fund size at IPO is 15,000,000 units, with a total value of 150,000,000 Saudi riyals. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.

Alwaha REIT Fund Dividend Announcement

• Alwaha REIT Fund announced a semi annually dividend of ر.س0.35 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-08-15
• Alwaha REIT Fund annual dividend for 2024 was ر.س0.75
• Alwaha REIT Fund annual dividend for 2023 was ر.س0.43
• Alwaha REIT Fund's trailing twelve-month (TTM) dividend yield is 6.26%
• Alwaha REIT Fund's payout ratio for the trailing twelve months (TTM) is 98.39%

Alwaha REIT Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-15ر.س0.35semi annually2024-10-01
2024-02-21ر.س0.40semi annually2024-02-21
2023-07-19ر.س0.43semi annually2023-08-02

Alwaha REIT Fund Dividend per year

Alwaha REIT Fund Dividend Yield

Alwaha REIT Fund current trailing twelve-month (TTM) dividend yield is 6.26%. Interested in purchasing Alwaha REIT Fund stock? Use our calculator to estimate your expected dividend yield:

Alwaha REIT Fund Financial Ratios

P/E ratio14.20
PEG ratio0.14
P/B ratio1.14
ROE8.03%
Payout ratio98.39%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Alwaha REIT Fund Dividend FAQ

Does Alwaha REIT Fund stock pay dividends?
Alwaha REIT Fund does not currently pay dividends to its shareholders.
Has Alwaha REIT Fund ever paid a dividend?
No, Alwaha REIT Fund has no a history of paying dividends to its shareholders. Alwaha REIT Fund is not known for its dividend payments.
Why doesn't Alwaha REIT Fund pay dividends?
There are several potential reasons why Alwaha REIT Fund would choose not to pay dividends to their shareholders:

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.
Will Alwaha REIT Fund ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Alwaha REIT Fund has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Alwaha REIT Fund a dividend aristocrat?
Alwaha REIT Fund is not considered a Dividend Aristocrat. 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 Alwaha REIT Fund a dividend king?
Alwaha REIT Fund is not classified as a "Dividend King". 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 Alwaha REIT Fund a dividend stock?
No, Alwaha REIT Fund is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Alwaha REIT Fund stocks?
To buy Alwaha 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Alwaha 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.