Effect Real Estate Company (under liquidation) initiated the distribution of 5% cash dividends to its shareholders on Monday, 7 August 2023. The designated liquidator, Barak Abdul Mohsen Al-Ateeqi, had previously communicated that the disbursement of 5 fils per share would serve as the fourth installment from the company's liquidation funds. This payment is directed to shareholders registered in the company's records as of 19 June 2023. Clarifying the process, Al-Ateeqi mentioned that the funds for the fourth installment would be electronically transferred via e-Dividend service to shareholders' bank accounts on Monday, 7 August 2023. He also urged shareholders who have not previously registered for e-Dividend services to contact local banks to facilitate the process. Notably, the preceding dividend announcement was made by the company on 9 August 2022, at a rate of 15%. This information was officially communicated on Kuwait Clearing Company's official website.