Bonyan REIT Distributes SR52 Million for 6 Months to Units Owners

Saudi Fransi Capital announced on Monday the distribution of a cash dividend to the unit holders of Bonyan REIT Fund for the period from 1 May 2021 to 31 October 2021 as follows: The total distributed dividends is SR52,121,952.00, the amount of dividends distributed for each unit (SAR) is 0.32.

The percentage of dividend to the unit’s initial price (%) is 3.2 %, and the percentage of distribution ratio of the net assets value (%) is 3.2 % and the percentage of distribution ratio of the net assets as on 30.06.2021.

The Company indicated on Monday on Tadawul that number of outstanding units on which cash dividends will be distributed is 162881100 and the dividends distributions will be paid within 15 business days.

The Company also indicated that the cash distributions entitlement will be for unit holders as per the unit holders register on the end of 15.12.2021.

The Fund Manager wants to remind the unit holders to update their bank account information in order to ensure depositing the outstanding distribution to their accounts directly, the Company concluded.