Announcements
Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund’s Unit Holders
Tue, 14 January 2020
Jadwa Investment announces the distribution of cash dividend to Jadwa REIT Saudi Fund’s unit holders for the fourth quarter of 2019 as follows:
1. Total dividend distribution SAR 30,020,000.
2. Cash distribution will be based on 158,000,000 existing units
3. Dividend distribution amount is SAR 0.19 per unit, which represents 1.90% of the initial price
4. Dividend represents 1.70% of the Net Assets Value as of Tuesday 05/05/1441H corresponding 31/12/2019G.
5. The eligibility of dividends shall be for the unit holders registered in the registers of the Securities Depository Center by the end of Wednesday 27/05/1441H corresponding 22/01/2020G (end of trading day on 25/05/1441H corresponding to 20/01/2020).
6. 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.