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Thndr Claps » Saudi Claps » Funds 🤑 » Musharaka distributes SAR 17.6 million in cash dividends 💰

Musharaka distributes SAR 17.6 million in cash dividends 💰

by Omar El Shorafa
January 24, 2023

The Clap
Musharaka Capital decided to distribute SAR 17.6 million in cash dividends to the unit holders of the Musharaka REIT Fund (4335) for July 1 to December 31, 2022.

What
The fund will distribute dividends over 88 million units as the distribution percentage of net asset value is 2.8%.

So What
Each unit will receive SAR 0.20 and the eligibility for cash dividends will be all unitholders by the end of next Tuesday, February 7th.

Now What
Dividends will be distributed within 30 working days from the due date.

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