31 Mar, 2024
Musharaka Capital Company announces distributing cash dividends to the Musharaka REIT Fund shareholders for the period from July 01 to December 31,2023
1- Type of distribution: Cash dividends
2- Dividends maturity period: The dividend distributions will be due to the shareholders according to the registration of the share ownership at the end of Thursday on 18/04/2024 (The end of the trading day 16/04/2024 corresponding to 1445/10/07).
3- Total Distributed dividends: The total distributed profits are 8,800,000 Saudi riyals.
4- Number of outstanding units on which cash dividends will be distributed: 88 million units.
5- The amount of dividends distributed for each unit (SAR): 0.10
6- Percentage of dividend to the unit’s initial price: 1%.
7- Percentage of distribution ratio of the Net Assets Value (%): 1.12%
8- Percentage of distribution ratio of the Net Assets as of: 31/12/2023 Corresponding to 1445/06/19.
9- The cash distributions entitlement will be for unitholders as per the unitholders register on the end of: 18/04/2024 Corresponding to 1445/10/09.
10- Dividends Payment Date: The profit distribution date will be within 30 working days after the due date.
11- Additional Information: The fund manager would like to remind the shareholders to update their bank account to ensure that their due profits are deposited directly into their accounts.