23 Jan, 2023
Musharaka Capital Company announces distributing cash dividends to the Musharaka REIT Fund shareholders for the period from July 01 to December 31, 2022
Total Distributed dividends: The total distributed profits are 17,600,000 Saudi riyals.
Number of outstanding units on which cash dividends will be distributed: 88 million units.
The amount of dividends distributed for each unit (SAR): 0.20
Percentage of dividend to the unit’s initial price: 2%.
Percentage of distribution ratio of the Net Assets Value (%): 2.08%.
Percentage of distribution ratio of the Net Assets as of: 30/06/2022 Corresponding to 1443/12/01.
The cash distributions entitlement will be for unitholders as per the unitholders register on the end of: 07/02/2023 Corresponding to 1444/07/16.
Dividends Payment Date: The profit distribution date will be within 30 working days after the due date.
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