Alkhabeer Growth and Income distributes SAR 79.2 cash dividends for H1 to Unitholders of Fund’s units

Alkhabeer Capital announced the distribution of cash dividends to the Unitholders of Alkhabeer Growth & Income Traded Fund for the period from 1 January 2023 to 30 June 2023, at an amount of SAR 0.93 for dividend distributed per unit, and a distribution ration of 7.15% of net assets value.

The company stated on Tuesday on Tadawul that the number of outstanding units on which cash distribution will be distributed is SAR 85.1 million, and the distribution shall be paid within 10 days.

The company drew the attention of the Unitholders to the fact that the units that were previously repurchased by the Fund Manager will not have any voting rights and will not be entitled to receive Fund dividends. The Fund Manager will temporarily suspend the buy-back of Units until the close of trading day on 17 August 2023.

The Fund Manager would like 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