Home / News / Musharaka Capital announces the distribution of cash dividends to Musharaka REIT Fund unitholders for the period from July 1, 2022 AD until December 31, 2022

Musharaka Capital announces the distribution of cash dividends to Musharaka REIT Fund unitholders for the period from July 1, 2022 AD until December 31, 2022

23 January 2023

Musharaka Capital announces the distribution of cash dividends to Musharaka REIT Fund unitholders for the period from July 1, 2022 AD until December 31, 2022

Musharaka Capital Announces Cash Dividend Distribution for Musharaka REIT Unitholders for the Period from July 1, 2022, to December 31, 2022

Details of the Distribution:

  • Total Distributed Profits: SAR 17,600,000
  • Number of Units Eligible for Distribution: 88 million units
  • Dividend per Unit: SAR 0.20
  • Distribution Percentage of Initial Unit Price: 2%
  • Distribution Percentage of Net Asset Value: 2.08%
  • Net Asset Value as of: 01/12/1443H (June 30, 2022)

Eligibility and Payment Details:

  • Eligibility Date: Unitholders registered in the unitholders’ register by the end of Tuesday, February 7, 2023 (16/07/1444H), will be entitled to receive dividends.
  • Payment Date: Within 30 business days from the entitlement date.

Additional Information:

Unitholders are kindly reminded to update their bank account details to ensure their dividends are deposited directly into their accounts.