6 Hrs
Source:
الاقتصادية
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Al-Ahli REIT 1 B Pays 34.4M Riyals
AlAhli Financial Company announced the distribution of cash dividends totaling 34.38 million riyals to the unit owners of the "AlAhli REIT 1" fund, at a rate of 0.25 riyals per unit. The entitlement will be for investors registered by the end of September 22, 2026. This comes amid a 3.24% decline in the fund units during today's session. The fund aims to deliver regular rental income and achieve growth in its asset value through investing in income-producing developed real estate assets, with dividends distributed twice a year, totaling at least 90% of its annual net profits. It is managed by AlAhli Financial Company in accordance with Shariah standards and Saudi regulations.
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