Alinma Investment Company announced the distribution of cash dividends to the unitholders of the Alinma Traded Fund for Saudi Local Government Sukuk – short-term for the second half of 2022 AD, at a rate of 0.806%.
The company said in a statement on “Tadawul Saudi Arabia”, today, Tuesday, that the total value of distributions amounts to 10 million riyals, and the number of existing units on the basis of which cash distributions will be made is about 12.5 million units.
She explained that the value of the distributed profit for each unit is 0.80 riyals.
She added that the eligibility for cash distributions will be for unitholders, according to the register of unitholders at the end of Monday on 09 Jumada al-Akhira 1444 AH corresponding to 02 January 2023 AD (the end of the trading day, on Thursday on 05 Jumada al-Akhira 1444 AH corresponding to 29 December 2022 AD).
She indicated that the distributions will be paid within 10 working days after the due date.