Al Rajhi REIT Fund
"Sector" = median of Real Estate across 61 companies
About Al Rajhi REIT Fund
AI-generatedAl Rajhi REIT Fund is a Saudi Arabian real estate investment trust (REIT) listed on the Saudi Exchange under the ticker 4340. It primarily invests in income-generating real estate assets across diversified sectors, including commercial, residential, and mixed-use properties. The fund aims to provide stable rental income and capital appreciation for its unitholders, operating under Shariah-compliant principles.
The fund generates revenue primarily through rental income from its portfolio of properties. With a gross margin of 97.66% and operating margin of 64.85%, it maintains high profitability typical of REITs. However, recent financials show a revenue decline of 15% year-over-year and earnings drop of 34.1%, indicating headwinds in the real estate market. The fund carries debt of SAR 896.4 million against cash of only SAR 125,000, resulting in a high leverage position.
Al Rajhi REIT operates in the REIT - Diversified industry within the Saudi real estate sector. It competes with other listed REITs such as Alinma Retail REIT and Mulkia Gulf Real Estate REIT. Its price-to-book ratio of 1.01 suggests the market values it close to its net asset value, while its dividend yield of 6.76% is attractive for income-focused investors. The fund's EV/EBITDA of 15.41 indicates moderate valuation compared to peers.
The target audience includes retail and institutional investors seeking regular income and exposure to Saudi real estate without direct property ownership. The fund's geographic focus is entirely within Saudi Arabia, concentrating on key cities like Riyadh, Jeddah, and Dammam. Its Shariah-compliant structure appeals to Islamic investors, while the high dividend yield attracts income-oriented unitholders.
An auto-generated descriptive profile based on company data, for informational purposes only.
No 24-hour summary has been generated yet.
Dividend history
Cash dividends by ex-date, not an investment recommendation.
| Ex-date | Amount | Payment date | Period |
|---|---|---|---|
| Feb 11, 2026 | 0.14 SAR | — | — |
| Oct 29, 2025 | 0.13 SAR | — | — |
| Jul 30, 2025 | 0.12 SAR | — | — |
| May 7, 2025 | 0.13 SAR | — | — |
| Feb 9, 2025 | 0.14 SAR | — | — |
| Nov 10, 2024 | 0.14 SAR | — | — |
| Aug 11, 2024 | 0.13 SAR | — | — |
| May 8, 2024 | 0.14 SAR | — | — |
| Feb 11, 2024 | 0.14 SAR | — | — |
| Nov 19, 2023 | 0.13 SAR | — | — |
| Jul 6, 2023 | 0.12 SAR | — | — |
| May 14, 2023 | 0.15 SAR | — | — |
| Feb 13, 2023 | 0.33 SAR | — | — |
| Aug 10, 2022 | 0.33 SAR | — | — |
| Feb 9, 2022 | 0.28 SAR | — | — |
| Feb 10, 2021 | 0.28 SAR | — | — |
| Aug 12, 2020 | 0.28 SAR | — | — |
| Feb 12, 2020 | 0.21 SAR | — | — |
| Aug 1, 2019 | 0.32 SAR | — | — |
| Feb 13, 2019 | 0.31 SAR | — | — |
| Jul 17, 2018 | 0.17 SAR | — | — |
Al Rajhi REIT Fund (4340) analysis
Wrqti brings Al Rajhi REIT Fund data into one page covering available price, financial statements, valuation ratios, margins, cash-flow metrics, news, and alerts. This page helps you understand the numbers and is not a buy or sell recommendation.
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