The Saudi Economic and Development Securities Company “SEDCO Capital” has announced the distribution of dividends in cash to the unitholders of the “SEDCO Capital REIT” fund for the period from 1 October to 31 December 2022, for a total value.
The company said in a statement on “Tadawul Saudi Arabia”, today, Sunday, that the number of existing units on the basis of which deployments will be made in cash amounts to 117.5 million units.
He added that the value of distributed profit per unit is 0.181 riyals and the net asset value distribution percentage is 2.05%.
He explained that the eligibility for dividends in cash is for unitholders, according to the register of unitholders as of the end of January 2, 2023, and dividends will be paid within 60 days of the due date.
It should be noted that the value of the distributed profit amounts to 0.18125 Saudi riyals per unit and its ratio with the initial unit price is 1.8125%, equal to 7.25% on an annual basis.
The fund manager has urged unitholders to update their details with the financial market institutions where their accounts are held, to ensure that any profits due are deposited directly into their accounts.
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