Riyadh – Mubasher: Derayah Financial will pay cash dividends of SAR 21.930 million to the unitholders of Derayah REIT fund for the third quarter (Q3) of 2020.
The distributions will be to 107.507.035 million existing units, at SAR 0.204 per unit, according to a stock exchange disclosure on Thursday.
Moreover, the amount represents 2.04% of the unit’s initial price and 2.21% of the net asset value (NAV) as of 30 June 2020.
Eligibility of dividends will be to the unitholders at the end of the maturity date scheduled on 15 October 2020, as per the registered in the records of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.
The dividends will be paid on 15 November 2020.