12.9 million riyals distributed by "expert Rhett" for the fourth quarter

Al-Khabeer Capital announced the distribution of cash dividends amounting to 12.87 million riyals to the owners of the units of the Alkhabeer REIT Fund for the period from the beginning of October 2020 to the end of December 2020.

According to Arabiya Net, the company said in a statement that the value of profit distributed per unit is 0.125 riyals, with a ratio of distribution to the initial unit price of 1.25%.

The number of outstanding units on the basis of which the cash distributions will be made is 102.97 million units.

and the distribution ratio of net asset value represents 1.43% as of the end of December 2020.

and the eligibility for cash distributions to unit holders is according to the register of unit owners at the end of February 16, 2021, and the date of dividend payment is within 30 business days from the due date.

The fund manager had announced the distribution of cash dividends to the unit holders of the Expert Rett Fund for the period from the beginning of July 2020 to September 30, 2020, with total dividends of about 15.446 million riyals By 0.15 riyals per unit, 1.5% of the initial unit price.