Riyad REIT Fund will pay a 3 percent cash dividend for the second half of 2017 at SAR 0.30 per unit, amounting to SAR 15 million, it said in a regulatory statement.
This is the second dividend to be paid by the REIT. The first was a 1 percent dividend for for the 75-day period between April 16 - June 30, 2017.
|
Cash Dividend Details (H2 2017) |
|
|
Current capital |
SAR 500 mln |
|
Number of units |
50 mln |
|
Cash dividend |
SAR 15 mln |
|
Percent capital |
3% (SAR 0.30 per share) |
|
Record date |
February 18, 2018 |
|
Payment date |
February 25, 2018 |
|
Dividend for FY 2017 |
|
|
Total dividend |
SAR 28 mln |
|
Percent of capital |
5.6% (SAR 0.56/share) |
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