Al Ahli REIT (1) approves 3.25% cash dividend for FY2019
The board of directors of Al Ahli REIT Fund (1) approved a 3.25% cash dividend for the fiscal year 2019, at SAR 0.325 per unit, amounting to SAR 44.69 million, the fund manager NCB Capital said in a bourse statement.
The dividend represents 3.2% from net assets based on the fair market value as of Dec. 31, 2019, the fund manager added.
Dividend Details (FY2019)
SAR 1.375 bln
Number of shares
SAR 44.69 mln
Percentage of capital
3.25% (SAR 0.325 per share)
March 19, 2020 (end of trading day on March 17, 2020)