Logo of Alwaha REIT
Wasatah Capital announced the distribution of a cash dividend of 3.5%, or SAR 0.35 per unit, to unitholders of Alwaha REIT, for the first half of 2024, according to a statement to Tadawul.
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Dividend Details |
|
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Current Capital |
SAR 150 mln |
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Number of Units |
15 mln |
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Total Dividend |
SAR 5.25 mln |
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Dividend per Unit |
3.5% (SAR 0.35 per unit) |
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Record Date |
Aug. 14, 2024 (By the close of trading on Aug. 18) |
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Payment Date |
Within 15 business days |
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The payout ratio stands at 2.88% of the fund’s net asset value (NAV) as of June 30, 2024, Wasatah Capital said in a statement to Tadawul today, Aug. 8.
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