AlAhli REIT Fund (1) announces the distribution of cash dividend for the period ending on 31 December 2018
Element List
Explanation
Introduction
NCB Capital Company announces the cash distribution to the Unitholders of AlAhli REIT Fund (1) for the period ending on 31 December 2018 as follows:
Board Resolution Date
2019-02-13 Corresponding to 1440-06-08
Total Amount of Dividend Distributed
SAR 44,687,500
Number of eligible shares
137,500,000 units
Dividend per share
The distribution amount is SAR 0.325 per unit. The distribution percentage is 3.2% of the net asset value of the Fund as of 24 Rabi Al-Thani 1440H corresponding to 31 December 2018
Percentage of Dividend to the share book value
3.25 %
Eligibility date
The eligibility of dividends shall be for the Unitholders registered in the registers of the Securities Depository Center by the end of Tuesday 14/06/1440H corresponding 19/02/2019G (end of trading day on Sunday 12/06/1440H corresponding to 17/02/2019)
Dividend distribution date
Distributions shall be paid within 10 business days post eligibility date.
Additional Information
The Fund Manager also would like to remind entitled Unitholders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly.
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