Riyadh – Mubasher: Albilad Capital will pay cash dividends worth SAR 204.9 million to the unitholders of Albilad Saudi Sovereign Sukuk ETF for August 2020.

The distribution will be to 8.8 million existing units at SAR 0.0233 per unit, according to a bourse filing on Monday.

The amount represents 0.23% of the unit’s initial price and 0.23% of the net asset value (NAV) as of 30 August 2020.

The dividends will be distributed to the unitholders registered in the records of the Securities Depository Center Company (Edaa) at the end of Wednesday, 2 September 2020, the end of the trading day on 31 August, and will be paid within 10 working days from the due date.