‎Al Rajhi REIT distributes 1.2% cash dividend for Q2 2023

‎Al Rajhi REIT distributes 1.2% cash dividend for Q2 2023

02/07/2023

Argaam Exclusive















Al Rajhi Capital announced the distribution of a 1.2% cash dividend to Al Rajhi REIT Fund’s unitholders for the second quarter of 2023, at SAR 0.12 per unit, amounting to SAR 19.42 million, according to a Tadawul statement.













Dividend Details (Q2 2023)











Fund Size







SAR 1.61 bln











Number of Units







161.86 mln











Dividend







SAR 19.42 mln











Percentage of Capital







1.2% (SAR 0.12/unit)











Record Date







July 5, 2023 (Registered unitholders on July 9, 2023)











Payment







Within 20 business days from the record date















Total Dividends (H1 2023)











Total Dividend







SAR 43.70











Percentage of Capital







2.7% (SAR 0.27/unit)











The dividend percentage reaches 1.44% of the net asset value based on the fair value as of Dec. 31, 2022.