Jadwa Investment to pay SAR 30m in REIT dividends

Riyadh – Mubasher: Jadwa Investment Company on Monday said it will pay SAR 30.02 million in cash dividends to the unitholders of Jadwa REIT Saudi Fund for the fourth quarter (Q4) of 2020.

At SAR 0.19 per unit, the distributions represent 1.9% of the unit’s initial price and 1.7% of the net asset value (NAV) as of 31 December 2020, according to a bourse filing.

The eligibility of dividends will be to the unitholders registered in the registers of the Securities Depository Center by the end of Tuesday, 2 February 2021, the end of the trading day on 31 January.

The dividends will be paid within 20 business days post the due date.

Mubasher Contribution Time: 25-Jan-2021 12:55 (GMT)
Mubasher Last Update Time: 25-Jan-2021 12:56 (GMT)