Mulkia Gulf REIT plans 1% dividend for March to June 2020
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Mulkia Gulf Real Estate REIT Fund will pay a 1% cash dividend for the 4-month period from March 1, 2020, until June 30, 2020, at SAR 0.10 per unit, amounting to SAR 6.8 million, the fund manager, Mulkia Investment, said in a bourse filing on Sunday.
The dividend represents 1.03% from net assets based on the fair market value as of June 30, 2020, the statement added.
SAR 681.1 mln
Number of units
SAR 6.81 mln
Percentage of capital
1.0% (SAR 0.10/unit)
July 11, 2020 (Registered with the Securities Depository Center at the end of July 16, 2020)
Within 15 business days from record date
Dividend Details (H1 2020)
SAR 14.01 mln
* The fund increased units from 60 million to 68.11 million during the period.
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