Riyad Capital REIT to distribute $4m dividends

28/01/2018 13:02 AST

Riyad Bank, one of the largest financial institutions in Saudi Arabia, said its investment banking arm is set to distribute dividends worth SR15 million ($4 million) to the unitholders of its real estate investment traded funds (REITs) for the period covering the second half of 2017.

A leading player in the kingdom, Riyad Bank ranks third in terms of asset value.

The dividend per unit SR0.30 represents three per cent of the Face Value, said the bank in its filing to the Saudi bourse Tadawul.

Dividend represents 2.9 per cent of net asset attribute to unitholders as of June 30, 2017. The eligibility of dividends shall be for the unitholders in the register on February 18, 2018, it added.


Trade Arabia

News

SABIC says takes 350 million riyals impairment on steel unit

28/01/2018

Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34 million) impairment on its steel unit, Hadeed, in the fourth quarter and still sees challenges in the steel mar

Reuters

Riyad REIT announces CMA approval to changes to the Board of Directors

14/11/2017

Riyad REIT Fund announces Capital Market Authority approval on 12/11/2017 for changes to the Board of Directors effective on the 12th of November 2017. The changes will be as the following:

Tadawul

RiyadREIT signed sale and purchase agreemnt with Higher Education Fund

15/10/2017

Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

RIYADREIT Sector Market
P/E
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ALRAJHIREIT 7.77 0.00 (0.00%)
JADWAREITSAUDI 8.95 -0.09 (-1.00%)
BONYANREIT 9.52 0.03 (0.31%)
SEDCOCAPITALREIT 6.78 -0.02 (-0.30%)
ALAHLIREIT1 6.38 -0.30 (-4.50%)

Recent News

APM Terminals Bahrain onboards first cohort of MARSA interns

21/09/2026

APM Terminals Bahrain, operator of Khalifa Bin Salman Port, has welcomed its inaugural cohort of Bahraini students and fresh graduates under its newly launched MARSA Internship Programme.

Th

GDN Online

Gulf Bank marks World Cleanup Day with Blajat beach cleanup campaign

21/09/2026

In line with its commitment to environmental sustainability and community engagement, Gulf Bank organized a beach cleanup campaign at Blajat Beach in collaboration with the Touristic Enterprises Comp

Kuwait Times

AlRayan Investment advises Baladna on its landmark rights issue

21/09/2026

AlRayan Investment (ARI) has announced the successful completion of the landmark rights issue of Baladna, one of the largest capital increases on the Qatar Stock Exchange (QSE) in the last few years.

Gulf Times

OQ deepens Oman-Angola energy ties during Royal visit with strategic cooperation memoranda

21/09/2026

OQ, Oman's global energy investment group, has signed two memoranda of cooperation to explore opportunities for collaboration across a range of energy and industrial sectors, strengthening economic a

Gulfnews

talabat appoints new Chief Marketing Officer

21/09/2026

talabat, MENA's leading everyday app, has appointed Selin Suzer as Chief Marketing Officer.

Suzer joins talabat from within the Delivery Hero group, where she was serving as Chief Marketing

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap