SEDCO Capital REIT plans dividend for Q1 2019

27/03/2019 Argaam

 

SEDCO Capital REIT Fund will pay a 1.65 percent cash dividend for the first quarter of 2019, at SAR 0.165 per unit, amounting to SAR 9.9 million, the fund manager, SEDCO Capital, said in a bourse statement.

 

 The dividend represents 1.64 percent from net assets based on the fair market value as of Dec. 31, 2018, the fund manager added.

                            

Dividend Details

Fund size

SAR 600 mln

Number of units

60 mln

Dividend

SAR 9.9 mln

Percentage of capital

1.65% (SAR 0.165/unit)

Record date

March 31, 2019

Payment day

Within 30 days from record date

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