Derayah Financial announces Q3 2020 cash distribution for Unitholders of Derayah REIT as per the following:
Type of Distribution: Cash distribution
Profits Maturity Period: The entitlement of cash distribution at the closing of trading on 15/10/2020G (“Entitlement Date”) 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.
Total Dividends: Total cash distribution is SR21,930,435
Number of Outstanding Units on which Cash Dividends will be Distributed: 107,507,305
Amount of Profit Distributed per Unit (SAR): 0.204
Percentage of Dividend to the Unit’s Initial Price (%): 2.04%
Percentage of Dividend of the Net Assets Value (%): 2.21%
Percentage of Dividend of the Net Assets Value as of: 2019-12-31 Corresponding to 1441-05-05
Eligibility of Cash Dividends to the Unitholders as per the Unitholders Registry as of: 2020-10-15 Corresponding to 1442-02-28
Dividends Payment Date: Cash distribution will be paid within 21 working days from the entitlement date, on 15/11/2020G
Additional Information: The Fund Manager kindly reminds the Unitholders to update their information with their banks to ensure the current cash distributions are deposited directly into their accounts.