Mulkia Gulf Real Estate REIT Dividends and Buybacks
Dividend criteria checks 4/6
Mulkia Gulf Real Estate REIT is a dividend paying company with a current yield of 5.79% that is well covered by earnings. Next payment date is on 21st November, 2024 with an ex-dividend date of 29th October, 2024.
Key information
5.8%
Dividend yield
4.1%
Buyback Yield
| Total Shareholder Yield | 9.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.0% |
| Next dividend pay date | 21 Nov 24 |
| Ex dividend date | 29 Oct 24 |
| Dividend per share | ر.س0.320 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4336 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4336 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Mulkia Gulf Real Estate REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4336) | 5.8% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.6% |
| Industry Average (REITs) | 6.1% |
| Analyst forecast (4336) (up to 3 years) | n/a |
Notable Dividend: 4336's dividend (5.79%) is higher than the bottom 25% of dividend payers in the SA market (1.82%).
High Dividend: 4336's dividend (5.79%) is in the top 25% of dividend payers in the SA market (4.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.4%), 4336's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), 4336's dividend payments are well covered by cash flows.