Musharaka Capital announces the distribution of cash dividends to Musharaka REIT fund unitholders for the period from July 1, 2023 until December 31, 2023

Musharaka Capital Announces Cash Dividend Distribution for Musharaka REIT Unitholders

Musharaka Capital has announced the cash dividend distribution for Musharaka REIT for the period from July 1, 2023, to December 31, 2023, as follows:

1. Distribution Type: Cash dividends
2. Entitlement Date: Unitholders registered by Thursday, April 18, 2024 (End of trading on Tuesday, April 16, 2024)
3. Total Distributed Dividends: SAR 8,800,000
4. Total Eligible Units: 88 million units
5. Dividend per Unit: SAR 0.10
6. Payout Ratio to Initial Unit Price: 1%
7. Payout Ratio to Net Asset Value (NAV): 1.12%
8. NAV as of December 31, 2023: Used for calculations
9. Payment Date: Within 30 business days from the entitlement date
10. Additional Information: Unitholders are advised to update their banking details to ensure smooth dividend deposit.

For more details, please refer to the official announcement on the fund’s website.