Announcement by Saudi Economic and Development Securities Company (SEDCO Capital) Regarding the Distributions of Fund’s Dividends to the Unitholders of SEDCO Capital REIT Fund
Saudi Economic and Development Securities Company (SEDCO Capital) announces the distribution of cash dividends to the unitholders of SEDCO Capital REIT Fund for the period from 01 July 2024 to 30 September 2024 as follows:
Dividends maturity period: 01 July 2024 to 30 September 2024
Total distributed dividends: 23,368,056 SAR
Number of Outstanding Units on which Cash Distributions will be Distributed: 186,944,444
Amount of Dividends Distributed per Unit: 0.125 SAR
Distribution Ratio of the Net Assets Value (%): 1.43
Distribution Ratio of the Net Assets Value as of 24-12-1445H Corresponding to 30-06-2024G
Cash Distribution Entitlements to Unitholders Shall be Based on the Unitholder Register on the End of 23-05-1446H Corresponding to 25-11-2024G
Distributions shall be paid within 60 days.
Additional Information:
The eligibility of the cash dividends for unitholders will be at the end of the trading session on Thursday, 19 Jumada Al-Awwal 1446H, corresponding to November 21, 2024G
The actual distribution of cash dividend will start from December 1, 2024G
The Fund Manager would like to remind the unitholders to update their information with the Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions.