REIT-Announcement

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 October 2023 to 31st December 2023 as follows:

 

  • Earnings accrual period is the 4th Quarter of the year 2023G.
  • Total distributed dividends 38,585,049.72 SAR
  • Cash distributions shall be based on 275,607,498 units
  • The amounts of dividends distributed is 0.14 SAR per unit
  • The distribution ratio is 3.07% of the net asset value as on 30/06/2023G corresponding to 12/12/1444H
  • Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 12/02/2024G corresponding to 02/08/1445H
  • Dividends will be paid in 29/02/2024G corresponding to 19/08/1445H
General clarifications:
  • Net Asset Value based on Fair Value as of 30/06/2023G corresponding to 12/12/1444H
  • Eligibility of dividends shall be for unitholders in the register per Tadawul records as of 02/08/1445H corresponding to Monday 12th February, 2024 (end of trading day on 27/07/1445H corresponding to Thursday 8th February, 2024)
  • Dividend per Unit = SAR 0.14; dividend represents 1.4% 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