Al Rajhi REIT plans dividend for H1 2019

23/07/2019 Argaam

Al Rajhi REIT Fund will pay a 3.2 percent cash dividend for the first half of 2019, at SAR 0.32 per unit, amounting to SAR 39.1 million, the fund manager, Al Rajhi Capital, said in a bourse statement.

 

 The dividend represents 3.14 percent from net assets based on the fair market value as of June 30, 2019, the fund manager added.

 

Dividend Details

Fund size

SAR 1.22 bln

Number of units

122.2 mln

Dividend

SAR 39.1 mln

Percentage of capital

3.2% (SAR 0.32/unit)

Record date

July 31, 2019

Payment day

Within 10 business days from record date

 

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