Jadwa REIT Saudi distributes dividend of SAR0.10/unit for 49-day period
Jadwa REIT Saudi announced a cash dividend distribution of SAR15.8mn for the 49-day period since commencing operations on 11 February until 31 March. This is equivalent to SAR0.10/unit and implies an annualised dividend yield of c7.5%, as of the last closing price. Ex-dividend date is set on 22 April, and payment is expected within seven days thereafter.
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