Taleem REIT to distribute first dividend

15/10/2017 Argaam

Taleem REIT said it will distribute a 1.5 percent cash dividend to its shareholders for the period May 30, 2017 – September 30, 2017 (122 days).

 

This will be the first dividend to be distributed by the REIT since it listed on Tadawul on May 30, 2017, according to data compiled by Argaam.

 

Cash Dividend Details

Fund size

SAR 285 mln

Number of units

28.5 mln

Cash dividend

SAR 4.28 mln

Percent capital

1.5% (SAR 0.15 per unit)

Record date

October 16, 2017

Payment date

To be announced

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