Announcement by Al Rajhi Capital regarding the details of non-fundamental changes to Al Rajhi REIT Fund
Al Rajhi Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to Al Rajhi REIT fund;
Such change will become effective on 14/06/1444 H corresponding to 8/12/2022 G. The details of the non-fundamental change are as follows:
- Changing the policy of distributing cash dividends from semi-annual, paid at the end of February and August, to quarterly cash dividends for the financial periods ending in March, June, September and December, where the payment of the dividends will be during the following quarter, starting from the first quarter of 2023.
- Cash dividends will be distributed at the end of February 2023 for the half year ending in 2022.
