Announcements
Jadwa Investment Company Announces Substantial Developments for the Jadwa REIT Saudi Fund
Sun, 04 July 2021
Description of the event:
Jadwa Investment announces the distribution of cash dividend to Jadwa REIT Saudi Fund’s unit holders for the first quarter of the year 2021 as follows:
- Total dividend distribution SAR 30,020,000
- Cash distribution will be based on 158,000,000 existing units
- Dividend distribution amount is SAR 0.19 per unit, which represents 1.90% of the initial price
- Dividend represents 1.60% of the Net Assets Value as of Thursday 16/05/1442H corresponding 31/12/2020G
- The eligibility of dividends shall be for the unit holders registered in the registers of the Securities Depository Center by the end of Thursday 22/11/1442H corresponding 01/07/2021G (end of trading day on 20/11/1442H corresponding to 29/06/2021G).
- Dividends will be paid within 20 business days post the eligibility date.
The Fund Manager wishes to remind the unit holders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly.