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Jadwa Investment to pay SAR 17.2m dividends for H1

Jadwa Investment to pay SAR 17.2m dividends for H1
The cash distribution will be based on 66 million existing units

Riyadh – Mubasher: Jadwa Investment will pay cash dividends worth SAR 17.16 million to the unitholders of Jadwa REIT Al Haramain Fund for the first half of 2019.

The cash distribution will be based on 66 million existing units, according to the Jadwa Investment’s statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

The fund will distribute an amount of SAR 0.26 per unit, representing 2.60% of the initial price.

Dividends, which will be paid with 30 business days, represent 2.40% of the fund’s net assets value (NAV) as of 30 June.

The eligibility of dividends shall be for the unitholders registered in the registers of the Securities Depository Center by the end of Sunday, 30 June.