NCB Capital Company announces the distribution of cash dividends to the Unitholders of AlAhli REIT Fund (1)
NCB Capital Company announces the approval of the board of directors of AlAhli REIT Fund (1) to distribute cash dividends to the Unitholders for the period from 1 January 2021 to 30 June 2021 as follows:
Total cash distribution is SAR 48,125,000;
The distributions will be based on 137,500,000 existing units;
The distribution amount is SAR 0.350 per unit and its percentage of the unit initial price is 3.50%;
The distribution percentage is 3.52% of the net asset value (based on fair value) of the Fund as of 30 June 2021;
The eligibility for dividends shall be for Unitholders registered in the registers of the Securities Depository Center by the end of Monday 26 July 2021 (end of trading day on Thursday, 15 July 2021);
Distributions shall be paid within 30 days post eligibility date.
The Fund Manager would like to remind entitled Unitholders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly.