Al Rayan QSE Traded Fund ‘ETF’ to Disburse Cash Yields
on 2 June 2020
20 May 2020
Al
Rayan Investment Company LLC, in its capacity as the ‘Fund Manager’
announced that it will disburse cash yields of QAR 0.09 per unit for Al
Rayan Qatar ETF, a QSE traded fund founded by Masraf Al Rayan.
The company clarified that unitholders registered in Qatar Central
Securities Depository ‘QCSD’ register as at the closing of Tue, 2 June
2020, the ‘value date’ will be entitled to receive yields. The company
will start the payment of the cash yields from Sunday, 7 June 2020
onwards.
Yields will be credited to unitholders’ accounts as per the records held
by QCSD. However, the rest of the unitholders will be able to collect
their due yields directly from any of Masraf Al Rayan branch network
starting Sunday, 7 June 2020 onwards.
The company further stated that due to the ongoing COVID 19 constraints,
investors are advised to check the Bank’s working hours through calling
+974 4425 3333.
Qatar Stock Exchange symbol |
QATR |
Dividend amount |
QAR 0.09 per unit |
Record date |
2nd June 2020 |
Ex-dividend date |
3rd June 2020 |
Payment date |
7th June 2020 |
Paying Bank |
Masraf Al
Rayan QPSC |