Derayah Financial announces Q3 2018 cash distribution for unitholders of Derayah REIT for the entitlement period starting from 17/10/1439H corresponding to 01/07/2018G until 20/01/1440H corresponding to 30/09/2018G (92 days only) as per the following:
– Total cash distribution is SR19,406,800
– The distribution is based on the outstanding number of units which is 107,507,035 units
– Cash distribution is SR0.181 per unit, or 1.81% relative to the IPO price.
– The cash distribution entitlement for the unitholders will be as per the unitholder registry at the closing of trading on Sunday 20/01/1440H corresponding to 30/09/2018G
– Cash distribution will be paid within 30 days from entitlement date
Further, the Fund Manager would like to remind the unitholders to update their details with their banks to ensure a smooth payment process.