Riyadh – Mubasher: Derayah REIT Fund announced that it will distribute a cash dividend of SAR 0.187 per unit, or 1.87% of the unit's initial public offering 
(IPO) price, with a total value of SAR 20.06 million for the second quarter of 2019. 

Dividends represent 1.88% of net asset value (NAV) as of 31 December 2018, according to a statement to the Saudi Stock Exchange (Tadawul) on Monday.    

Derayah REIT Fund’s capital reaches about SAR 1.075 billion, distributed over 107.51 million units.

The eligibility of cash dividends will be at the closing of trading session on 15 July for the unit holders registered in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.    

Cash dividends will be paid on 31 July, the statement added.