SICO Saudi REIT distributes 1.5% dividends for 2021

SICO Saudi REIT distributes 1.5% dividends for 2021
SICO Saudi REIT distributes 1.5% dividends for 2021

SICO Financial announced the distribution of cash dividends to unit holders of SICO Saudi REIT Fund for the year 2021, with a total of 8.586 million riyals, for the number of existing units of about 57.24 million units.

SICO Financial said in a statement on “Saudi Tadawul”, today, Thursday, that the value of the distributed profit for each unit is 0.15 riyals, with a distribution ratio of 1.5 percent to the initial price of the unit.

It added that the distribution ratio of the net asset value is 1.73% as of June 30, 2021.

The eligibility for cash dividends is for unit holders, according to the unit holders register at the end of January 6, 2022.

The dividend distribution date will be within 15 working days of the due date.

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