Al Rajhi Capital Announces distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st Jan 2021 to 30th June 2021
Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st Jan 2021 to 30th June 2021 as per following:
- Total amount of dividend distribution = SAR 45,319,919.96
- No. of Eligible Units = 161,856,857
- Dividend per Unit = SAR 0.28; dividend represents 2.8% of the Par value
- Dividend represents 2.87% of Net Asset Value (based on Fair Value as of 16/05/1442H corresponding to 31/12/2020)
- Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 04/01/1443H corresponding to Thursday, 12/08/2021 (end of trading day on 02/01/1443H corresponding to Tuesday 10/08/2021)
- Dividends will be paid within 15 business days post the eligibility date
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.
