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Mapletree Logistics Trust posts 1.2% rise in 4Q DPU to 2.048 cents, warns of impending Covid-19 uncertainties

Felicia Tan
Felicia Tan4/23/2020 08:44 PM GMT+08  • 3 min read
Mapletree Logistics Trust posts 1.2% rise in 4Q DPU to 2.048 cents, warns of impending Covid-19 uncertainties
This brings the REIT’s full-year DPU to 8.142 cents, a 2.5% increase from the previous year’s DPU of 7.941 cents.
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SINGAPORE (Apr 23): The manager of Mapletree Logistics Trust (MLT) has reported distribution per unit (DPU) of 2.048 cents for the 4QFY2019/20 ended March, up 1.2% from the DPU of 2.024 cents a year ago.

This brings the REIT’s full-year DPU to 8.142 cents, a 2.5% increase from the previous year’s DPU of 7.941 cents.

The higher DPU also comes despite an enlarged unit base amid the group’s recent equity fund raising exercise.

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