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MEFIC REIT (SAU:4346) Forward Dividend Yield % : 1.77% (As of Jun. 23, 2024)


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What is MEFIC REIT Forward Dividend Yield %?

As of today (2024-06-23), the Forward Annual Dividend Yield of MEFIC REIT is 1.77%.

As of today (2024-06-23), the Trailing Annual Dividend Yield of MEFIC REIT is 1.77%.

SAU:4346's Forward Dividend Yield % is ranked worse than
96.66% of 838 companies
in the REITs industry
Industry Median: 7.315 vs SAU:4346: 1.77

MEFIC REIT's Dividends per Share for the six months ended in Jun. 2023 was ﷼0.00.

During the past 12 months, MEFIC REIT's average Dividends Per Share Growth Rate was -66.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MEFIC REIT's Forward Dividend Yield %

For the REIT - Diversified subindustry, MEFIC REIT's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MEFIC REIT's Forward Dividend Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, MEFIC REIT's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MEFIC REIT's Forward Dividend Yield % falls into.



MEFIC REIT Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MEFIC REIT Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
SAR 0.0800002024-02-142024-02-152024-03-12Cash DividendannuallySAR:SAR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MEFIC REIT's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.08/4.52
=1.77 %

Current Share Price is ﷼4.52.
MEFIC REIT's Dividends per Share for the forward twelve months is calculated as ﷼0.08 * 1 = ﷼0.08.

MEFIC REIT's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.08/4.52
=1.77 %

Current Share Price is ﷼4.52.
MEFIC REIT's Dividends per Share for the trailing twelve months (TTM) ended in Today is ﷼0.08.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MEFIC REIT  (SAU:4346) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MEFIC REIT Forward Dividend Yield % Related Terms

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MEFIC REIT (SAU:4346) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7702 King Fahad Road, MEFIC Tower, 7th floor, Riyadh, SAU, 12333
MEFIC REIT is a real estate investment fund. The Fund's primary investment objective is to provide its unitholders with regular income by investing in income-generating properties assets located in Saudi Arabia and the Gulf countries. The Fund generally seeks to acquire or invest in hotel, commercial, administrative, office towers, and/or logistic, residential and/or mixed-use income-generating real estate assets.

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