Mulkia Investment Company announces dividends distribution to Mulkia Gulf Real Estate REIT Unitholders for Q1-2019
| Element List | Explanation |
|---|---|
| Introduction | Mulkia Investment Company announces dividends distribution to Mulkia Gulf Real Estate REIT Unitholders for the period 01/01/2019 - 31/03/2019 as follows: |
| Board Resolution Date | 2019-04-16 Corresponding to 1440-08-11 |
| Total Amount of Dividend Distributed | Total Amount distributed is SR 10,200,000 |
| Number of eligible shares | Cash distributions based on 60 million existing units |
| Dividend per share | The distributed dividend amount is SAR 0.17 (17 halala per unit) which represents 1.70% of the unit price at initial offering |
| Percentage of Dividend to the share book value | 1.7 % |
| Eligibility date | The eligibility of dividend distribution shall be for Unitholders registered in the registery of securities depository center by the end of 23/04/2019 (end of trading day on 21/04/2019) |
| Dividend distribution date | Distributions will be paid within 15 working days of the due date. |
| Additional Information | The distribution ratio is 1.72% of net asset value as of 31/03/2019
The Fund Manager also would like to remind the Unitholders to update their information at the banks to ensure that their dividends are deposited directly in their accounts. |
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