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 2025 to 31st March 2025 as follows:
Earnings accrual period is the 1st Quarter of the year 2025G.
Total distributed dividends 35,828,974.74 SAR
Cash distributions shall be based on 275,607,498 units
The amounts of dividends distributed is 0.13 SAR per unit
The distribution ratio is 1.49% of the net asset value as on 31/12/2024G corresponding to 30/06/1446H.
Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 08/05/2025G corresponding to 10/11/1446H
The cash dividend will be distributed on 29-May-2025, within 20 working days following the last trading date of 06-May-2025
General clarifications:
Net Asset Value based on Fair Value as of 31/12/2024G corresponding to 30/06/1446H
Eligibility of dividends shall be for unitholders in the register per Tadawul records as of 10/11/1446H corresponding to Thursday 8th May, 2025 (end of trading day on 08/11/1446H corresponding to Tuesday 6th May, 2025)
Dividend per Unit = SAR 0.13; dividend represents 1.3% 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.
