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English news

22-Jan-2018

Riyad REIT distributes SAR0.30/unit cash dividend for 2H17

Riyad REIT is distributing a SAR15mn cash dividend (SAR0.30/unit) for 2H17, which is 2.9% of NAV, according to the company’s statement. Ex-dividend date is set on 15 Feb, while disbursement will be on 25 Feb. This brings Riyad REIT’s 2017 DPS to SAR0.56/unit and dividend yield to 6.1%, as of the last closing price. 

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