04
December

Derayah Financial Announces Q4 2018 Cash Distribution for Unitholders of Derayah REIT

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.