Swicorp announces the distribution of cash dividend to Swicorp Wabel REIT Fund unit holders for the period starting from 6th August 2018 (Listing date) to 31st December 2018 (147 days) as follows:
1. Total dividend distribution: SAR 31,365,370
2. Cash distribution will be based on 118,000,000 existing units
3. Dividend distribution amount is SAR 0.266 per unit, which represents 2.66% of the initial price of the unit for the period between 6th August 2018 (Listing Date) to 31st December 2018 (equivalent to 6.6% annual Return)
4. Dividend represents 2.66% of the Net Assets Value as of the Listing Date
5. The eligibility of dividends shall be for the unit holders registered in the registers of the Securities Depository Center by the end of Tuesday 12/07/1440H corresponding 19/03/2019G (end of trading day on 10/07/1440H corresponding to 17/03/2019G)
6. Dividends will be paid within 15 days post the eligibility date.
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.