03
July
03/07/2022
Derayah Financial Announces Q2 2022G Cash Distribution for Unitholders of Derayah REIT
| Element List | Explanation |
| Introduction | Derayah Financial announces Q2 2022G cash distribution for unitholders of Derayah REIT as per the following: |
| Type of Distribution | Cash distribution |
| Dividends maturity period | The entitlement of cash distribution at the closing of trading on 17/07/2022G (“Entitlement Date”) shall be for the unitholders registered in the register of the Securities Depository Center Company (Edaa) by the end of the 2nd trading day following entitlement date. |
| Total distributed dividends | Total cash distribution is SAR19,351,266 |
| Number of Outstanding Units on which Cash Dividends will be Distributed | 107507035 |
| The amount of dividends distributed for each unit (SAR) | 0.180 |
| Percentage of Dividend to the Unit’s Initial Price (%) | 1.80% |
| Percentage of distribution ratio of the Net Assets Value (%) | 2.13% |
| Percentage of distribution ratio of the Net Assets as of | 31/12/2021 Corresponding to 27/05/1443H |
| The cash distributions entitlement will be for unitholders as per the unitholders register on the end of | 17/07/2022 Corresponding to 18/12/1443H |
| Dividends Payment Date | Cash distribution will be paid within 20 working days from the entitlement date, on 11/08/2022G |
| Additional Information | Securities Depository Center Company (“Edaa”) will distribute dividends to eligible Unitholders through direct transfer to their bank accounts linked to investment portfolios.
We would like to draw the attention of non-resident investors that the cash dividends transferred through the resident financial intermediary are subject when transferred or credited to their bank account to a 5% withholding tax in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. |