The Clap
Riyad Capital, which manages Riyad REIT Fund (4330), announced the distribution of cash dividends to the fund’s unitholders for H1 2022.
Deets
The total distributed profits are approximately SAR 75.5 million, for around 171.7 million units.
Riyad Capital, a subsidiary of Riyad Bank, stated that the value of the dividend for each unit is SAR 0.44.
This is a distribution ratio of 3.99% of the net asset value, as was done on June 30th.
Riyad Reit Fund
The Riyad Reit provides investment opportunities in the Saudi real estate market and aims to achieve attractive returns for investors, through consistent and increasing cash dividends.
What Now
The eligibility for cash distributions to unitholders is on September 6. Dividends will be paid within 15 working days of the due date.
Riyad Reit issues dividends 💰
