Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund’s Unit Holders
Wed, 25 May 2022
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 2022 as follows:
- Total dividend distribution SAR 37,301,957
- Cash distribution will be based on 186,509,785 existing units
- Dividend distribution amount is SAR 0.20 per unit, which represents 2.0% of the initial price
- Dividend represents 1.78% of the net assets value as of 31/12/2021G corresponding to 26/05/1443H
- The eligibility of dividends shall be for the unit holders registered in the registers of the Securities Depository Center By the end of Thursday 03/11/1443H corresponding 02/06/2022G (end of trading day on 01/11/1443H corresponding to 31/05/2022G).
- 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.