Mulkia Gulf Real Estate REIT to pay 0.8% cash dividend for Q1 2024

21/04/2024 Argaam
Logo ofMulkia Gulf Real Estate REITFund

Logo of Mulkia Gulf Real Estate REIT Fund

Mulkia Gulf Real Estate REIT Fund will pay a cash dividend at 0.8%, or SAR 0.08 a unit, to unitholders for the period from Jan.1 to March 31, 2024, fund manager Mulkia Investment Co. said in a statement to Tadawul.

 

Dividend Details (Q1 2024) 

Capital 

SAR 1.03 bln 

Number of Units 

103.77 mln 

Total Dividend 

SAR 8.31 mln 

Percentage of Capital 

0.8% (SAR 0.08 a unit) 

Record Date 

Unitholders of record by the end of April 30, 2024 (the end of the trading day of April 28, 2024)

Payment Date 

Within 30 business days from the record date
 

The payout ratio stands at 0.96% of net asset value (NAV) as of March 31, 2024.

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