Swicorp Wabel REIT plans dividend for Q4 2018

11/03/2019 Argaam

Swicorp Wabel REIT Fund will pay a 2.7 percent cash dividend for the period from August 6, 2018 until December 31, 2018, at SAR 0.27 per unit, amounting to SAR 31.86 million, fund manager Swicorp said in a bourse statement.

 

Thid dividend is the first since the fund’s listing on Tadawul on August 6 2018, according to data compiled by Argaam.

 

Dividend Details (Q4 2018)

Fund size

SAR 1.18 bln

Number of units

118 mln

Dividend

SAR 31.86 mln

Percentage of capital

2.7% (SAR 0.27/unit)

Record date

March 19, 2019

Payment day

Within 15 days from record date

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