Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund’s Unit Holders
Mon, 22 May 2023
Jadwa Investment announces the distribution of cash dividend to Jadwa REIT Saudi Fund’s unit holders for the first quarter of the year 2023 as follows:
1. Total dividend distribution SAR 37,301,957
2. Cash distribution will be based on 186,509,785 existing units
3. Dividend distribution amount is SAR 0.20 per unit, which represents 2.0% of the initial price
4. Dividend represents 1.85% of the net assets value as of 31/12/2022G corresponding to 07/06/1444H
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 11/11/1444H corresponding 31/05/2023G.
6. Dividends will be paid within 20 business days post the eligibility date.
The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions