Albilad Sukuk Distributes SR927 Thousand as Profits to Unitholders for January

Albilad Capital announced on Monday the distribution of cash dividends to the unitholders of Albilad Saudi Sovereign Sukuk ETF for the month of January 2022 as follows: the total distribution dividends is SR926,739.20.The amounts of dividends distributed are SR0.0533 for each unit. The distribution ratio is 0.56% of the net asset value as on Thursday January 27, 2022.

The company said in a statement on Monday on Tadawul the cash distributions shall be based on 17,400,000 outstanding units. The distributions will be paid within 10 days.

The cash distribution entitlements to unitholders shall be based on the unitholder register on the end of Wednesday February 02, 2022.

The Fund Manager wants to remind the unitholders to update their information with Capital Market Institution, where their accounts are being held, to ensure the direct deposit of their due distributions, the company concluded.