Alwaha REIT to pay 3.5% dividend for H1 2024

Logo of Alwaha REIT

Wasatah Capital announced the distribution of a cash dividend of 3.5%, or SAR 0.35 per unit, to unitholders of Alwaha REIT, for the first half of 2024, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 150 mln

Number of Units

15 mln

Total Dividend

SAR 5.25 mln

Dividend per Unit

3.5% (SAR 0.35 per unit)

Record Date

Aug. 14, 2024 (By the close of trading on Aug. 18)

Payment Date

Within 15 business days

 

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The payout ratio stands at 2.88% of the fund’s net asset value (NAV) as of June 30, 2024, Wasatah Capital said in a statement to Tadawul today, Aug. 8.

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ALWAHA REIT
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