Sunday, August 20, 2023 at 3:03 PM
Osool & Bakheet Investment Company announces the distribution of cash
Dividends to the Unitholders of Al Ma’ather REIT for six-months ending on 30/06/2023 as follows:
1. Total distributed dividends 19,024,700 Saudi Riyal
2. Cash Distributions will be made on the basis of 61,370,000
Outstanding units.
3. The amounts of dividends to be distributed is 0.31 Saudi Riyal for each unit.
4. Percentage of Dividend to the Unit's Initial Price is 3.1%
5. The distribution ratio is 3.7% of the net value of assets as of “Saturday,
(12/12/1444H.), corresponding to (30/06/2023 G)”
6. Cash distribution entitlements to unitholders shall be based on the
unitholder register on the end of “Thursday, 08/02/1445 H, corresponding to 24/08/2023 G (end of trading day Tuesday, 22/08/2023 corresponding to 06/02/1445H)
7. Distributions shall be paid within (10 days from the eligibility date).
The Fund Manager would like to remind the unitholders to update their information with Capital Market Institution, where their accounts ar being held, to ensure the direct deposit of their due distributions.
