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Frasers Centrepoint Trust declares 5.5% higher 4Q DPU of 2.97 cents; 11th straight year of growth

PC Lee
PC Lee • 2 min read
Frasers Centrepoint Trust declares 5.5% higher 4Q DPU of 2.97 cents; 11th straight year of growth
SINGAPORE (Oct 25): The manager of Frasers Centrepoint Trust has announced a distribution per unit (DPU) of 2.97 cents for 4Q17 ended Sept, an increase of 5.5% over the same period last year.
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SINGAPORE (Oct 25): The manager of Frasers Centrepoint Trust has announced a distribution per unit (DPU) of 2.97 cents for 4Q17 ended Sept, an increase of 5.5% over the same period last year.

This brings total DPU for the FY17 ended Sept to 11.90 cents, 1.2% higher than a year ago.

Frasers Centrepoint Asset Management (FCAM) says this is the 11th straight year of DPU growth and the highest DPU achieved since FCT’s listing in 2006.

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