The Clap
Jadwa Investment will distribute cash dividends to the unit holders of Jadwa REIT Saudi Fund (4342) for Q2 2022.
The Deets
The total dividends distributed to the fund’s unit holders are about SAR 37 million. The value of the distributed profit for each unit shall be SAR 0.20, a distribution rate of 1.79% of the net asset value.
Jadwa REIT Saudi Fund
Jadwa REIT Saudi Fund is a closed-end real estate investment fund, compliant with the provisions of Islamic Sharia.
It was created to provide periodic income to investors from real estate in the main cities of KSA, except for Makkah and Madinah.
What Now
The company reported that the number of existing units on which cash dividends will be paid is 186,509.785 units and the dividends will be paid within 20 working days of the due date.