Money and business
Distributing cash dividends to unitholders of SEDCO Capital REIT Fund
The Saudi Economic and Development Securities Company (SEDCO Capital) announced the distribution of cash dividends to unitholders of the SEDCO Capital REIT Fund for the period from October 1, 2024 AD to December 31, 2024 AD.
The company said in a statement on the Saudi Tadawul: The total profits distributed are 23,368,056 riyals.
She added that the number of existing units on the basis of which cash distributions will be made is 186,944,444.
She indicated that the value of the distributed profit per unit is 0.125 riyals, while the distribution percentage of the net asset value is 1.43%.
She pointed out that the distribution percentage is from the net asset value as of 12/24/1445, corresponding to 06/30/2024.
It stated that the eligibility for cash distributions belongs to unit owners, according to the unit owners’ register at the end of 07/02/1446, corresponding to 01/02/2025.
It advised that dividends be paid within 60 days from the due date.
The company said in a statement on the Saudi Tadawul: The total profits distributed are 23,368,056 riyals.
She added that the number of existing units on the basis of which cash distributions will be made is 186,944,444.
She indicated that the value of the distributed profit per unit is 0.125 riyals, while the distribution percentage of the net asset value is 1.43%.
She pointed out that the distribution percentage is from the net asset value as of 12/24/1445, corresponding to 06/30/2024.
It stated that the eligibility for cash distributions belongs to unit owners, according to the unit owners’ register at the end of 07/02/1446, corresponding to 01/02/2025.
It advised that dividends be paid within 60 days from the due date.
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