Announcements
Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund Unit Holders
Mon, 08 July 2019
Mon, 08 July 2019
Jadwa Investment Announces the Distribution of Cash Dividend to Jadwa REIT Saudi Fund Unit Holders
Jadwa Investment announces the distribution of cash dividend to Jadwa REIT Saudi Fund unit holders for the second quarter of 2019 as follows:
1. Total dividend distribution SAR 28,440,000.
2. Cash distribution will be based on 158,000,000 existing units
3. Dividend distribution amount is SAR 0.18 per unit, which represents 1.80% of the initial price
4. Dividend represents 1.63% of the Net Assets Value as of Sunday 27/10/1440H corresponding 30/06/2019G.
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 14/11/1440H corresponding 17/07/2019G (end of trading day on 12/11/1440H corresponding to 15/07/2019).
6. Dividends will be paid within 30 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.