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

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.