Investor Awareness

02/07/2023
Announcement by Al Rajhi Capital regarding the distributions of fund’s dividends to the unitholders of Al Rajhi REIT Fund
 
Al Rajhi Capital announces the distribution of cash dividends to the unitholders of Al Rajhi REIT Fund for the period 1st April 2023 to 30th June 2023 as follows:

 

  • Earnings accrual period is the 2nd Quarter of the year 2023G.
  • Total distributed dividends 19,422,822.84 SAR
  • Cash distributions shall be based on 161,856,857 units
  • The amounts of dividends distributed is 0.12 SAR per unit
  • The distribution ratio is 1.44% of the net asset value as on 2022-12-31 Corresponding to 1444-06-07
  • Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 2023-07-09 Corresponding to 1444-12-21
  • Dividends will be paid within 20 business days post the eligibility date
 
General clarifications:
  • Net Asset Value based on Fair Value as of 2022-12-31 Corresponding to 1444-06-07
  • Eligibility of dividends shall be for unitholders in the register per Tadawul records as of 21/12/1444H corresponding to Sunday, 09/07/2023 (end of trading day on 17/12/1444H corresponding to Wednesday 5/07/2023
  • Dividend per Unit = SAR 0.12; dividend represents 1.2% of the Par value
  • The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions
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