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Dasin Retail Trust posts 1H DPU of 3.01 cents, 5% above forecast

Samantha Chiew
Samantha Chiew8/11/2017 07:03 PM GMT+08  • 2 min read
Dasin Retail Trust posts 1H DPU of 3.01 cents, 5% above forecast
SINGAPORE (Aug 11): The trustee-manager of Dasin Retail Trust (DRT) has declared a distribution per unit (DPU) of 3.01 cents for the six months ended June with distribution waiver, 5% above its forecast 2.88 cents for the period.
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SINGAPORE (Aug 11): The trustee-manager of Dasin Retail Trust (DRT) has declared a distribution per unit (DPU) of 3.01 cents for the six months ended June with distribution waiver, 5% above its forecast 2.88 cents for the period.

Without the distribution waiver, DPU for the half year would have been 1.36 cents.

Based on the offering price of 80 cents and after factoring the distribution waiver, this translates to an annualised distribution yield of $7.59 cents per share, 4% above the forecasted 7.25 cents.

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