Mulkia Investment Company announces a dividends distribution to Mulkia Gulf Real Estate REIT shareholders
Mulkia Investment Company announces a dividends distribution to Mulkia Gulf Real Estate REIT shareholders for the period 01/07/2018 – 30/09/2018 as follows:
- Total Amount distributed is SR 10,200,000
- Cash distributions is based on 60 million existing units.
- The distributed profit amount is SAR 0.17 ( 17 halala per unit ) and its ratio to the unit price as of initial offering is 1.7%
- The distribution ratio is 1.7% of net asset value as of 30/09/2018
- The cash dividends of the unit holders will be valid according to the register of the unit owners by the end of Monday, 13/02/1440 H corresponding to 22/10/2018 (end of the trading day on 9/2/1440 H corresponding to 18/10/2018).
- Distributions will be paid within 15 working days of the due date.
The Fund Manager also wishes to remind unit holders to update their information at the banks to ensure that their dividends are deposited directly in their accounts.