Riyadh – Mubasher: Saudi Fransi Capital on Thursday announced that Taleem REIT Fund had approved to distribute a cash dividend of SAR 3.9 million for the unitholders for the period starting from July until 19 September.

Dividends will be paid on 28.5 million units, SAR 0.1375 per unit, according to a statement to the Saudi Stock Exchange (Tadawul).

The eligibility of dividends shall be for unitholders registered in the Securities Depository Center by the end of trading on 25 September.

The fund further noted that the value of dividends will be paid within 15 working days.

By 10:41 am Saudi time, Taleem REIT Fund’s stock rose 1.53% to SAR 10.64.