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Mapletree Industrial Trust’s FY16/17 DPU rises 2.2% to 11.39 cents

Michelle Zhu
Michelle Zhu4/24/2017 07:11 PM GMT+08  • 2 min read
Mapletree Industrial Trust’s FY16/17 DPU rises 2.2% to 11.39 cents
SINGAPORE (April 24): The manager of Mapletree Industrial Trust (MIT) has announced a 2.5% y-o-y rise in 4Q distribution per unit (DPU) to 2.88 cents. This brings DPU for FY16/17 to 11.39 cents, 2.2% higher than the previous year’s DPU of 11.15 cents.
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SINGAPORE (April 24): The manager of Mapletree Industrial Trust (MIT) has announced a 2.5% y-o-y rise in 4Q distribution per unit (DPU) to 2.88 cents. This brings DPU for FY16/17 to 11.39 cents, 2.2% higher than the previous year’s DPU of 11.15 cents.

Unitholders can expect to receive their quarterly DPU payout on May 30.

Distributable income for the financial year ended March 31 was $205.0 million, up 3.6% from the $197.8 million achieved in FY15/16.

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