‎ Alwaha REIT to pay 3.5% dividend for H2 2024

‎ Alwaha REIT to pay 3.5% dividend for H2 2024 ‎ Alwaha REIT to pay 3.5% dividend for H2 2024

​‎

Logo ofAlwaha REIT

Wasatah Capitalannounced the distribution ofacash dividendof 3.5%, or SAR 0.35per unit,to unitholders ofAlwaha REIT, for the second half of 2024, according to a statement toTadawul.

Advertisement

Dividend Details

Current Capital

SAR 150 mln

Number of Units

15mln

Total Dividend

SAR5.25mln

Dividend per Unit

3.5% (SAR 0.35per unit)

Record Date

Feb. 24, 2025(for unitholders, as per the unitholders’ register at the end of Feb. 26, 2026)

Payment Date

Within 15 business days

Total Dividends for 2024

Total Dividends

SAR 10.5 mln

Percentage of Nominal Value

7% (SAR 0.7/unit)

The payout ratio stands at 2.74% of the fund’s net asset value (NAV) as of Dec. 31, 2024, the statement added.

 

Logo ofAlwaha REIT

Wasatah Capitalannounced the distribution ofacash dividendof 3.5%, or SAR 0.35per unit,to unitholders ofAlwaha REIT, for the second half of 2024, according to a statement toTadawul.

Dividend Details

Current Capital

SAR 150 mln

Number of Units

15mln

Total Dividend

SAR5.25mln

Dividend per Unit

3.5% (SAR 0.35per unit)

Record Date

Feb. 24, 2025(for unitholders, as per the unitholders’ register at the end of Feb. 26, 2026)

Payment Date

Within 15 business days

Total Dividends for 2024

Total Dividends

SAR 10.5 mln

Percentage of Nominal Value

7% (SAR 0.7/unit)

The payout ratio stands at 2.74% of the fund’s net asset value (NAV) as of Dec. 31, 2024, the statement added.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement