Riyadh – Mubasher: Musharaka REIT Fund on Tuesday announced that it will pay a 3.5% cash dividends for the six-month period ended 17 August, with a total amount of SAR 30.8 million.
The fund will pay a dividend of SAR 0.35 per unit, according to the fund’s statement to the Saudi Stock Exchange (Tadawul).
Set to be distributed within 15 days from the record date, the dividends represent 3.45% of net assets based on the fair market value as of 30 June.
It is worth noting that the fund size stands at SAR 880 million during the six-month period ended 17 August.
