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Jadwa REIT AL Haramain Fund is a closed ended Shariah compliant real estate investment traded fund. The REIT invests primarily in real estate assets in the Holy cities of Makkah Al Mukarramah and Al Madinah Al Munarawah. The REIT operates in accordance with Real Estate Investment Funds Regulations and REIT Funds Instructions issued by the CMA. The REIT is listed on Tadawul and its units trades in accordance with Tadawul rules and regulations. At inception, the REIT size is 66,000,000 units at SAR10 per unit and has a term of 99 years extendable at the discretion of the Fund Manager after obtaining CMA approval. The primary objective of the REIT is to provide its investors with regular income by investing in income generating real estate assets. The fund expect to distribute twice a year an annual cash dividends of no less than 90% pf the REIT''s net profit, not including capital gains from selling real estate assets and other investments which may be reinvested in additional assets or in the maintenance and renovation of the fund''s properties. The REIT is managed by Jadwa Investment Company, a closed joint stock company pursuant to the laws and regulations of the Kingdom of Saudi Arabia, and licensed to operate as an Authorized Person under the Authorized Person Regulations issued by the Board of the CMA pursuant Resolution No. 1-83-2005 dated 21/05/1426H (corresponding to 28/06/2005G) under license number 06034-37 dated 13/02/1428H (corresponding to 03/03/2007G). Jadwa Investment is a full-fledged Shariah-compliant investment bank headquartered in Riyadh, Saudi Arabia, that offers asset management, advisory, corporate finance, brokerage and custody services. The investment team at Jadwa Investment comprises experienced professionals from the asset management and investment banking industry. The REIT is in compliance with Shariah guidelines stipulated by the Shariah Board of Jadwa Investment Company. The Shariah Board is chaired by H.E. Sheikh Dr. Abdulla Al Mutlaq and has the following members: Sheikh Dr. Muhammad Ali bin Ibrahim Al Qari bin Eid, Sheikh Bader Abdulaziz Al Omar and Sheikh Ahmed Abdulrahman Al Gaidy.

Jadwa REIT Al Haramain Fund Dividend Announcement

• Jadwa REIT Al Haramain Fund announced a semi annually dividend of ر.س0.20 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-08-26
• Jadwa REIT Al Haramain Fund annual dividend for 2024 was ر.س0.33
• Jadwa REIT Al Haramain Fund's trailing twelve-month (TTM) dividend yield is 5.53%
• Jadwa REIT Al Haramain Fund's payout ratio for the trailing twelve months (TTM) is 32.54%

Jadwa REIT Al Haramain Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-26ر.س0.20semi annually2024-08-26
2024-03-03ر.س0.13semi annually

Jadwa REIT Al Haramain Fund Dividend per year

Jadwa REIT Al Haramain Fund Dividend Yield

Jadwa REIT Al Haramain Fund current trailing twelve-month (TTM) dividend yield is 5.53%. Interested in purchasing Jadwa REIT Al Haramain Fund stock? Use our calculator to estimate your expected dividend yield:

Jadwa REIT Al Haramain Fund Financial Ratios

P/E ratio14.94
PEG ratio0.30
P/B ratio0.78
ROE5.22%
Payout ratio32.54%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Jadwa REIT Al Haramain Fund Dividend FAQ

Does Jadwa REIT Al Haramain Fund stock pay dividends?
Jadwa REIT Al Haramain Fund does not currently pay dividends to its shareholders.
Has Jadwa REIT Al Haramain Fund ever paid a dividend?
No, Jadwa REIT Al Haramain Fund has no a history of paying dividends to its shareholders. Jadwa REIT Al Haramain Fund is not known for its dividend payments.
Why doesn't Jadwa REIT Al Haramain Fund pay dividends?
There are several potential reasons why Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain Fund a dividend aristocrat?
Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain Fund a dividend king?
Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain Fund a dividend stock?
No, Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain Fund stocks?
To buy Jadwa REIT Al Haramain 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 Jadwa REIT Al Haramain 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.