Logo of Alwaha REIT Fund
Wasatah Capital announced the distribution of a cash dividend of 4.3%, or SAR 0.43 per unit, to unitholders of Alwaha REIT, for the period since inception until June 30, 2023, according to a statement to Tadawul.
Dividend Details |
|
Current Capital |
SAR 150 mln |
Number of Units |
15 mln |
Total Dividend |
SAR 6.45 mln |
Dividend per Unit |
4.3% (SAR 0.43 per unit) |
Record Date |
July 18, 2023 (By the close of trading on July 20) |
Payment Date |
Aug. 2, 2023 |
The payout ratio stood at 3.72% of the fund’s net asset value as of June 30, 2023.
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