Musharakah Capital decided to distribute cash dividends to the unit holders of Musharaka REIT Fund for the second half of 2021, with a total of about 26.4 million riyals, for a number of existing units of about 88 million units.
And according to Arabiya Net, Musharaka Capital said in a statement that the value of the distributed profit for each unit is 0.3 riyals, with a distribution ratio of 3% to the initial price of the unit.
It added that the distribution ratio of the net asset value is 3.03%, as of June 30, 2021.
The eligibility for cash dividends is for unit holders, according to the unit holders register at the end of January 31, 2022.
The dividend distribution date will be within 15 working days from the due date.