Investor Awareness

31/04/2024
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 January 2024 to 31st March 2024 as ‎follows:‎

 

  • Earnings accrual period is the 1st Quarter of the year 2024G.
  • Total distributed dividends ‎37,207,012.23‎ SAR
  • Cash distributions shall be based on ‎275,607,498 units
  • The amounts of dividends distributed is ‎0.135‎ SAR per unit
  • The distribution ratio is ‏1.60‏% of the net asset value as on 31/12/2023G Corresponding to 18/06/1445H
  • Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 09/05/2024G Corresponding to 01/11/1445H
  • Dividends will be paid in 30/05/2024 corresponding to 22/11/1445H ‎
 
General clarifications:
  • Net Asset Value based on Fair Value as of 31/12/2023G ‎‏‏‎-‎‏‏‎‎‏ ‏Corresponding to 18/06/1445H ‎‏‏‎‎‏‏‎-‎‏‏
  • Eligibility of dividends shall be for unitholders in ‎the register per Tadawul records as of ‎‏01‏‎/‎‏11‏‎/144‎‏5‏H corresponding to Thursday 09th May, 2024, ‎‎‎‏ ‏‎(end of trading day on 28/10/1445H ‎corresponding to Thursday 07th May, 2024 ‎‏‏‎)‎
  • Dividend per Unit = SAR 0.‎‏135‏‎ dividend ‎represents ‎‏1.35‏‎% 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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