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 October 2023 to 31 December 2023 as follows:
Dividends maturity period 01 October 2023 to 31 December 2023
Total distributed dividends 27,200,418 SAR
Number of Outstanding Units on which Cash Distributions will be Distributed 186,944,444
Amount of Dividends Distributed per Unit 0.145 SAR
Distribution Ratio of the Net Assets Value (%) 1.68%
Distribution Ratio of the Net Assets Value as of 12-12-1444 Corresponding to 30-06-2023
Cash Distribution Entitlements to Unitholders Shall be Based on the Unitholder Register on the End of Tuesday on 20-06-1445H Corresponding to 02-01-2024G, the end of trading on Sunday 18-06- 1445H, corresponding to 31- 12- 2023.
Distributions shall be paid within 60 days.
Additional Information:
which translates to 6.13%on an annualized basis.
Amount of Dividends Distributed per Unit 0.14550001 SAR
the actual distribution of cash dividend will start on 05- 08-1445H corresponding to 15-02-2024G.
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.