17 Oct 2018

Saudi Economic and Development Securities Company (SEDCO Capital) announces the Distribution of Cash Dividend to SEDCO Capital REIT Fund Unitholders.

Saudi Economic and Development Securities Company (SEDCO Capital) announces the distribution of cash dividend to SEDCO Capital REIT Fund unitholders for the period from 01 July 2018 to 30 September 2018 as follows:

 

  1. Total dividend distribution SAR 9,150,000
  2. Cash distribution will be based on 60,000,000 existing units
  3. Dividend distribution amount is SAR 0.1525 per unit, which represents 1.525% of the initial price, which translates to 6.10% on an annual basis.
  4. Dividend represents 1.57% of the net asset value as of Saturday 30 June 2018.
  5. The entitlement of dividends shall be for the unitholders registered in the records of the Securities Depository Center by the end of Thursday 25 October 2018 (end of trading day on 23 October 2018).
  6. The dividend will be paid within 30 days of the record date.

 

The Fund Manager wishes to remind the unitholders to update their bank accounts information to ensure depositing the dividend to their accounts directly.

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SEDCO Capital