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CapitaLand Commercial Trust declares 3.2% higher 2Q DPU of 2.27 cents

Samantha Chiew
Samantha Chiew7/19/2017 7:42 AM GMT+08  • 2 min read
CapitaLand Commercial Trust declares 3.2% higher 2Q DPU of 2.27 cents
SINGAPORE (July 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated DPU of 2.27 cents for 2Q17 ended June, 3.2% higher compared to the DPU of 2.20 cents in 2Q16.
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SINGAPORE (July 19): The manager of CapitaLand Commercial Trust (CCT) has declared an estimated DPU of 2.27 cents for 2Q17 ended June, 3.2% higher compared to the DPU of 2.20 cents in 2Q16.

The estimated adjusted DPU was computed based on total units in issue of 3,061 million as at July 14 due to the progressive conversion of convertible bonds into new units.

Distribution to unitholders also increased 6.7% to $69.5 million in 2Q17 from $65.1 million the previous year. Gross revenue also increased by 29.5% to $87.5 million and net property income (NPI) grew by 34.3% to S$69.1 million.

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