Saudi Fransi Capital decided to distribute cash dividends of 12,240,000 Saudi riyals to the unit holders of Taaleem REIT Fund for the first half of this year.
According to Arabiya Net, the company clarified in a statement that the number of existing units on the basis of which cash distributions will be made is 51,000,000 units, with the value of the distributed profit for each unit being 0.24 riyals. , with a distribution ratio to the initial unit price at 2.4%.
Concerning the eligibility of the cash dividends, the company said that it will be transferred to the unit holders, according to the unit owners' register by the end of 12-05-1442 corresponding to 07-15-2021, provided that Pay dividends within 15 working days.