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 April 2024 to 30st June 2024 as follows:

 

  • Earnings accrual period is the 2nd Quarter of the year 2024G.
  • 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 1.54% 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 12/08/2024G Corresponding to 08/02/1446H
  • Dividends will be paid in 29/08/2024 corresponding to 25/02/1446H
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 08/02/1446H corresponding to Monday 12th August, 2024, (end of trading day on 04/02/1446H corresponding to Thursday 08th August, 2024 )
  • 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.