Riyadh – Mubasher: The board of AlAhli REIT Fund (1) has decided to distribute SAR 48.12 million cash dividends to the unitholders for the second six months (6M) of 2021.
To be distributed over 137.5 million existing units, the dividend payout stands at SAR 0.35 per unit, equivalent to 3.5% of the unit’s initial price, according to a bourse disclosure on Wednesday.
The cash dividend distribution represents 3.61% of the fund’s net asset value as of 31 December 2021.
SNB Capital Company, the fund manager, noted that the distribution date will be within 15 business days following the eligibility date which will be on 17 February, end of the trading day on the 15th of the month.
