SEDCO Capital plans dividend for Q2 2019

25/06/2019 Argaam

 

SEDCO Capital REIT Fund will pay a 1.65 percent cash dividend for the second quarter of 2019, at a SAR 0.165 per unit amounting to SAR 9.9 million, Saudi Economic and Development Securities Company (SEDCO Capital), the fund manager said in a bourse statement.

 

The dividend represents 1.65 percent from the net assets based on the fair market value as of December 31, 2018, the statement added.

 

Dividend Details

Fund size

SAR 600 mln

Number of units

60 mln

Dividend

SAR 9.9 mln

Percentage of capital

1.65% (SAR 0.165/unit)

Record date

June 30, 2019

Payment day

Within 30 business days

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