MEFIC REIT plans dividend for H1 2019

11/07/2019 Argaam

MEFIC REIT Fund will pay a 3.76 percent cash dividend from the fund’s listing date in November 2018 to June 30, 2019, at SAR 0.376 per unit, amounting to SAR 27.6 million, the fund manager, MEFIC Capital, said in a bourse statement.

 

The dividend represents 3.61 percent from net assets based on the fair market value as of June 30, 2019, the fund manager added.

 

Dividend Details

Fund size

SAR 732.77 mln

Number of units

73.28 mln

Dividend

SAR 27.6 mln

Percentage of capital

3.76% (SAR 0.376/unit)

Record date

July 25, 2019

Payment day

Within 20 business days from record date

 

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.