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 July 2024 to 30th September 2024 as follows:

 

  • Earnings accrual period is the 3rd Quarter of the year 2024G.
  • 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 1.65% of the net asset value as on 30/06/2024G corresponding to 24/12/1445H.
  • Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 11/11/2024G corresponding to 09/05/1446H
  • The cash dividend will be distributed on 28-Nov-2024, within 16 working days following the last trading date of 07-Nov-2024.
General clarifications:
  • Net Asset Value based on Fair Value as of 30/06/2024G corresponding to 24/12/1445H
  • Eligibility of dividends shall be for unitholders in the register per Tadawul records as of 09/05/1446H corresponding to Monday 11th November, 2024 (end of trading day on 05/05/1446H corresponding to Thursday 07th November, 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.