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 December 1st, 2017 to the end of May 2018 as follows:

  • Total dividends distributed is SAR 2,674,690.20.
  • The dividend will be based on the Number of existing units is 12,089,721,469 Unit
  • The distributed dividend amount of SR 0.22124 per unit, which is 2.21% yield to the initial price of the unit.
  • The dividend yield is 3.23% of net asset value as of as of Sunday, 13/04/1439H corresponding to 31/12/2017.
  • The EX- dividend date will be to those who own the units according to unitholder register by the end of Thursday, 16/09 /1439H corresponding to 31/05/2018
  • 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