Derayah Financial announces Q4 2018 cash distribution for unitholders of Derayah REIT for the entitlement period starting from 01/10/2018G until 31/12/2018G (92 days only) 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.
– Percentage of dividends is 1.85% relative to NAV of Derayah REIT as of 30/06/2018G
– The cash distribution entitlement for the unitholders will be as per the unitholder registry at the closing of trading on Monday 31/12/2018G
– Cash distribution will be paid on 03/02/2019G
Further, the Fund Manager would like to remind the unitholders to update their details with their banks to ensure a smooth payment process.