Adjusted DPU for the quarter came in at 1.280 cents, 23.9% higher than the 1.033 cents in 2Q19. The amount excludes the $0.5 million of the $2.5 million retained previously, which was released as part of this quarter’s distributable income.
The manager of ARA Logos Logistics Trust (formerly ALOG and Cache Logistics Trust) reported a distribution per unit (DPU) of 1.326 cents for 2Q20 ended June, 0.4% higher than the 1.321 cents in 2Q19.
This brings 1H20 DPU to 2.323 cents, representing an 18% decline from 1H19’s DPU of 2.834 cents.
