Dividend
Thursday 4th May, 2023
Al Rayan Investment LLC, being the Fund Manager, announces a cash dividend distribution of QAR 0.11 per unit for Al Rayan Qatar ETF (QSE: QATR), an exchange-traded fund founded by Masraf Al Rayan QPSC. Based on the QATR closing price on Thursday 4th May, this implies a dividend yield of 4.5%
Based on the records of Qatar Central Securities Depository (QCSD), unitholders of QATR at the close of Sunday 21st May, 2023 (Record Date) will be entitled to receive the cash dividend. The dividend will be paid from Wednesday 24th May, 2023, onwards.
Unitholders, who have registered bank accounts with the QCSD, will have dividends deposited to their accounts. Those who have not registered their bank accounts with the QCSD, may collect dividends from any Masraf Al Rayan QPSC branch from Wednesday 24th May, 2023.
Summury
| Qatar Stock Exchange symbol | QATR |
|---|---|
Dividend amount | QAR 0.11 per unit |
Record date | 21st May 2023 |
Ex-dividend date | 22nd May 2023 |
Payment date | 24th May 2023 |
Paying Bank | Masraf Al Rayan QPSC |
For further information, please call +974 4423 5809