Home Business Derayah REIT distributes dividends in cash of 1.8% for the fourth quarter

Derayah REIT distributes dividends in cash of 1.8% for the fourth quarter

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Derayah Financial Company announced today, Sunday, the distribution of dividends in cash to the unitholders of the Derayah REIT Fund for the maturity period of the fourth quarter of 2021, for a total of approximately 19.35 million riyals, for a number of 107.5 million shares.

Derayah Financial stated in a statement in “Saudi Tadawul”, today, Sunday, that the value of the distributed profit for each unit is 0.18 riyal, with a distribution ratio of 1.8% compared to the initial price of the unit.

He added that the net asset value distribution ratio is 2.07% as of June 30, 2021.

Eligibility for dividends in cash will be at the end of the trading day January 16, 2022 “Expiry Date”, for unitholders registered in the register of unitholders at the Securities Depository Company “Edaa” at the end of the second trading day following the date of expiration.

Dividends will be paid within 20 business days of the maturity date, which will be January 13, 2022.

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