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ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update

Felicia Tan
Felicia Tan4/23/2021 8:33 AM GMT+08  • 3 min read
ALOG posts 35.7% higher DPU of 1.353 cents in 1Q2021 update
The significantly higher growth was partly due to the retention of the $2.5 million distributable income retained in 1QFY2020.
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The manager of ARA LOGOS Logistics Trust (ALOG) has posted distribution per unit (DPU) of 1.353 cents in the 1QFY2021 ended March, 35.7% higher than DPU of 0.997 cent in the 1QFY2020.

The quarter’s DPU was spread across 1.28 billion units issued in the REIT, compared to 1QFY2020’s 1.09 billion units.

The significantly higher growth was partly due to the retention of the $2.5 million distributable income retained in 1QFY2020.

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