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Mapletree Logistics Trust posts 5.5% growth in 4Q20/21 DPU of 2.161 cents

Felicia Tan
Felicia Tan • 3 min read
Mapletree Logistics Trust posts 5.5% growth in 4Q20/21 DPU of 2.161 cents
Unitholders can expect to receive their distributions on April 29.
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The manager of Mapletree Logistics Trust (MLT) has announced distribution per unit (DPU) of 2.161 cents for the 4QFY2020/2021 ended March on an enlarged base, 5.5% higher than DPU of 2.048 cents in the corresponding period the year before.

This brings DPU for the FY2020/2021 to 8.326 cents, 2.3% higher than DPU of 8.142 cents for the FY2019/2020.

Distributable income for the 4QFY2021/2021 increased 18.9% y-o-y to $92.6 million, which includes distribution of the gains from the divestments of Mapletree Waigaoqiao Logistics Park, five properties in Japan and 7 Tai Seng Drive.

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