Al Rajhi REIT Fund Dividends and Buybacks
Dividend criteria checks 4/6
Al Rajhi REIT Fund is a dividend paying company with a current yield of 6.44% that is well covered by earnings. Next payment date is on 28th November, 2024 with an ex-dividend date of 10th November, 2024.
Key information
6.4%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -1.4% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 10 Nov 24 |
| Dividend per share | ر.س0.540 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4340 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4340 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Al Rajhi REIT Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4340) | 6.4% |
| Market Bottom 25% (SA) | 1.8% |
| Market Top 25% (SA) | 4.7% |
| Industry Average (REITs) | 6.2% |
| Analyst forecast (4340) (up to 3 years) | n/a |
Notable Dividend: 4340's dividend (6.44%) is higher than the bottom 25% of dividend payers in the SA market (1.85%).
High Dividend: 4340's dividend (6.44%) is in the top 25% of dividend payers in the SA market (4.71%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75%), 4340's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.7%), 4340's dividend payments are covered by cash flows.