Riyad capital announces the distribution of dividend for Riyad Income Fund unit holders

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Riyad Capital announced a distribution of cash dividends to Riyad Income Fund unit holders for the periods from June 1st, 2018 to the end of November 2018 as follows:

  1. Total dividends distributed is SAR 1,980,535.25
  2. The dividend will be based on the Number of existing units is 11,479,732.0576 Unit
  3. The distributed dividend amount of SR 0.172525 per unit, which is 1.73% yield to the initial price of the unit.
  4. The dividend yield is 2.52% of net asset value as of Sunday, 13/04 / 1439H corresponding to 31/12/2017.
  5. The EX- dividend date will be to those who own the units according to unitholder register by the end of Tuesday, 26/03 / 1440H corresponding to 04/12/2018
  6. Dividends will be paid within a maximum of ten days.
The Fund Manager also reminds the unit holders to update their bank’s account to ensure that their dividends are deposited directly in their accounts.