GFH distributes semi annual dividends to investors
MANAMA, February 1, 2016
GFH Capital has distributed semi-annual dividends for a number of its investments and funds in line with its progressive dividend distribution policy.
The dividends were paid to investors of GFH funds with underlying investments in the UAE (Philadelphia Private School and Sheffield Private School), Saudi Arabia (Event Mall in Jeddah) and the United States (Diversified US Residential Portfolio – DURP), said a statement.
Investors received an annual return of nine per cent from DURP, 11 per cent from the mall in Jeddah Mall, seven per cent from Dubai’s Philadelphia Private School and nine per cent from Sheffield Private School, it said.
Hisham Alrayes, managing director of GFH Capital, said: “With our funds and investments, GFH continuously looks at various ways of offering consistent financial returns. These periodic dividend payments are part of our commitment to provide regular returns to our investors.
"The steady returns from these four assets are a testimony of our strong investment decision making in recent years. In this challenging macro environment, GFH will continue diversifying across asset classes and geographies, to maximise investor returns in 2016 and beyond.” - TradeArabia News Service
