Riyadh – Mubasher: Albilad Capital will pay SAR 873,266 in cash dividends to the unitholders of Albilad Saudi Sovereign Sukuk ETF for January 2021.
At SAR 0.0499 per unit, the distributions will be to 17.5 million existing units, according to a bourse disclosure on Sunday.
Moreover, the distributions represent 0.49% of the net asset value (NAV) as of 27 January 2021 and 0.50% of the unit’s initial price.
Eligibility of dividends will be to the unitholders registered in the registers of the Securities Depository Center Company (Edaa) at the end of Tuesday, 2 February 2021, end of the trading day on 31 January 2021.
The dividends will be paid within 10 business days from the due date.
