– Announcement –
Alkhabeer Capital Announces the Distribution of Dividends to Alkhabeer REIT Fund’s Unitholders
Alkhabeer Capital announces the distribution of cash dividends to the Unitholders of Alkhabeer REIT Fund for the period (from 01 January 2021 to 31 March 2021) as follows:
- Total distributed dividends: SAR 12,871,376.63.
- Cash distributions will be made on the basis of 102,971,013 outstanding units.
- The amount of dividends distributed is SAR 0.125 for each unit, and its percentage to the initial price of the unit is 1.25%.
- The distribution ratio is 1.435% of the net assets value as of Thursday, 16 Jumada Al Oula 1442 corresponding to 31 December 2020.
- The cash distribution entitlement will be for Unitholders as per the Unitholders register on the end of Monday, 12 Shawwal 1442 corresponding to 24 May 2021 end of trading day, on Thursday, 08 Shawwal 1442 corresponding to 20 May 2021.
- The distributions will be paid within 30 business days of the distribution entitlement date.
The Fund Manager would like to remind the Unitholders to update their bank information to ensure the direct deposit of their due distributions.
– Ends –