Derayah Financial announces Q1 2019 cash distribution for unitholders of Derayah REIT as per the following:
– Total cash distribution is SR20,060,000/-
– The distribution is based on the outstanding number of units which is 107,507,035 units
– Cash distribution is SR0.187 per unit, 1.87% relative to the IPO price, or 1.88% relative to NAV of Derayah REIT as of 31/12/2018G
– The entitlement of cash distribution at the closing of trading on 15/04/2019G shall be for the unit holders registered in the register of the securities Depository Center Company (Edaa) by the end of the 2nd trading day following entitlement date.
– Cash distribution will be paid on 30/04/2019G
Further, the Fund Manager would like to remind the unitholders to update their details with their banks to ensure a smooth payment process.