Mulkia Gulf Real Estate REIT to pay 1% cash dividend for Q3 2023
- Date: 16-Oct-2023
- Source: Argaam
- Sector:Real Estate
- Country:Saudi Arabia
Mulkia Gulf Real Estate REIT to pay 1% cash dividend for Q3 2023
16/10/2023
Argaam Exclusive
Mulkia Gulf Real Estate REIT will pay a cash dividend at 1%, or SAR 0.10 a unit, to unitholders for the period from July 1 to September 30, 2023, fund manager Mulkia Investment Co. said in a statement to the Saudi Exchange (Tadawul).
Dividend Details (Q3 2023)
Capital
SAR 1.03 bln
Number of Units
103.77 mln
Total Dividend
SAR 10.38 mln
Percentage of Capital
1% (SAR 0.10 a unit)
Record Date
Oct. 19, 2023 (Unitholders of record by the end of Oct. 23, 2023)
Payment Date
Within 30 business days from the record date
Total Dividend for 9M 2023
Total dividend
SAR 29.61 mln
Percentage to capital
3.3% (SAR 0.33 per unit)
The payout ratio of net asset value (NAV) reached 1.20% as of September 30,