Announcements
Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund’s Unit Holders
Mon, 02 November 2020
Description of the event:
Jadwa Investment announces the distribution of cash dividend to Jadwa REIT Saudi Fund’s unit holders for the third quarter of the year 2020 as follows:
- Total dividend distribution SAR 28,440,000
- Cash distribution will be based on 158,000,000 existing units
- Dividend distribution amount is SAR 0.18 per unit, which represents 1.80% of the initial price
- Dividend represents 1.61% of the Net Assets Value as of Tuesday 09/11/1441H corresponding 30/06/2020G
- The eligibility of dividends shall be for the unit holders registered in the registers of the Securities Depository Center by the end of Tuesday 24/03/1442H corresponding 10/11/2020G (end of trading day on 22/03/1442H corresponding to 08/11/2020G).
- 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 accounts to ensure
Depositing the outstanding dividend to their accounts directly.