Mulkia REIT plans dividend for Q1 2019

16/04/2019 Argaam

Mulkia Gulf Real Estate REIT Fund will pay a 1.7 percent cash dividend for the first quarter of 2019, at SAR 0.17 per unit, amounting to SAR 10.2 million, the fund manager, Mulkia Investment Co., said in a bourse statement.

 

 The dividend represents 1.72 percent from net assets based on the fair market value as of March 31, 2019, the fund manager added.

 

Dividend Details

Fund size

SAR 600 mln

Number of units

60 mln

Dividend

SAR 10.2 mln

Percentage of capital

1.7% (SAR 0.17/unit)

Record date

April 21, 2019

Payment day

Within 15 business days

 

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