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Accordia Golf Trust full-year DPU falls 14% to 4.71 yen

Jude Chan
Jude Chan • 2 min read
Accordia Golf Trust full-year DPU falls 14% to 4.71 yen
SINGAPORE (May 25): The trustee-manager of Accordia Golf Trust posted a distribution per unit (DPU) of 4.71 yen (6.04 cents) for the full year ended March, 14% lower than the DPU of 5.50 yen a year ago.
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SINGAPORE (May 25): The trustee-manager of Accordia Golf Trust posted a distribution per unit (DPU) of 4.71 yen (6.04 cents) for the full year ended March, 14% lower than the DPU of 5.50 yen a year ago.

Distributable income fell to 5.2 billion yen, from 6.0 billion yen a year ago.

The trustee-manager clarifies that the computation of total distributable income available for FY16/17 is for illustrative purpose only, as Accordia Golf Trust makes distributions on a semi-annual basis.

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