Alkhabeer Growth & Income Fund to pay 6% dividend for H1 2024

Logo of Alkhabeer Growth and Income Traded Fund

Alkhabeer Growth and Income Traded Fund will pay a 6% cash dividend to unitholders for the first half of 2024, Alkhabeer Capital said in a statement to Tadawul.

 

Dividend Details (H1 2024)

Capital

SAR 1 bln

Number of Units Eligible for Payout

69.97 mln

Total Dividends

SAR 41.98 mln

Percentage of Nominal Value

6% (SAR 0.60/unit)

Record Date

Unitholders of record by the close of trading on Aug. 22

Payment Date

Within 10 business days

 

The payout ratio stands at 4.94% of the fund’s net asset value as of June 30, 2024.

 

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