Riyadh – Mubasher: Mulkia Investment Company has announced that its Mulkia Gulf Real Estate REIT will distribute dividends for the fourth quarter of 2018.
The payout, based on 60 million units in the REIT, amounts to SAR 10.2 million in dividends to shareholders, Mulkia Investment Company said in a filing to the Saudi Stock Exchange (Tadawul) on Wednesday.
"The distributed dividend amount is SAR 0.17 (17 halala per unit) which represents 1.7% of the unit price at initial offering," the firm said in its statement.
Shareholders eligible for this payout will be those registered with the security depository centre by the end of Tuesday, 22 January 2019 and the end of the trading day on Sunday, 20 January 2019, the firm added.
Distributions will be carried out within 15 working days, the filing indicated.
