Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st July 2018 to 31st Dec 2018
|Introduction||Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st July 2018 to 31st Dec 2018 as per following
1. Total amount of dividend distribution = SAR 37,947,139
2. No. of Eligible Units = 122,200,609
3. Dividend per Unit = SAR 0.311; dividend represents 3.11% of the Par value
4. Dividend represents 3.08% of Net Asset Value (based on Fair Value as of 24/04/1440H corresponding to 31/12/2018)
5. Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 12/6/1440H corresponding to Sunday, 17/02/2019 (end of trading day on 08/06/1440H corresponding to Wednesday 13/02/2019).
6. Dividends will be paid within 9 business days post the eligibility date.
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.
|Board Resolution Date||2019-02-11 Corresponding to 1440-06-06|
|Total Amount of Dividend Distributed||37947139|
|Number of eligible shares||122200609|
|Dividend per share||0.311|
|Percentage of Dividend to the share book value||3.11 %|
|Dividend distribution date||2019-02-28|