Announcement by Al Rajhi Capital regarding the distributions of fund’s dividends to the unitholders of Al Rajhi REIT Fund
Al Rajhi Capital announces the distribution of cash dividends to the unitholders of Al Rajhi REIT Fund for the period 1st July 2023 to 30th September 2023 as follows:
- Earnings accrual period is the 3nd Quarter of the year 2023G.
- Total distributed dividends 35,828,974.74 SAR
- Cash distributions shall be based on 275,607,498 units
- The amounts of dividends distributed is 0.13 SAR per unit
- The distribution ratio is 2.85% of the net asset value as on 2023/06/30 Corresponding to 1444/12/12
- Cash distribution entitlements to unitholders shall be based on the unitholder register on the end of 2023/11/20 Corresponding to 1445/05/06
- Dividends will be paid in 14 December 2023
General clarifications:
Net Asset Value based on Fair Value as of 2023-06-30 Corresponding to 1444-12-12
Eligibility of dividends shall be for unitholders in the register per Tadawul records as of 06/05/1445H corresponding to Monday, 20/11/2023 (end of trading day on 02/05/1445H corresponding to Thursday 16/11/2023)
Dividend per Unit = SAR 0.13; dividend represents 1.3% of the Par value
The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions.
