For the 16MFY2022, the REIT’s DPU stood at 7.24 cents, 34.1% higher than the DPU of 5.40 cents in the 12MFY2021. The 16MFY2022 DPU also represents an annualised yield of 6.03% based on the closing price of 90 cents per unit on Dec 30, 2022. The distributable income for the FY2021 includes $14.5 million, which was carried over from FY2022 under the Covid-19 relief measures. The $14.5 million is equivalent to around 0.52 cents per unit.
Paragon REIT (SGX:SK6U
) , formerly SPH REIT, has reported a distribution per unit (DPU) of 1.72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. The DPU for the 4MFY2022 is expected to be paid on March 28.
The REIT changed its name in December 2022. Just five months before, the REIT changed its financial year-end to Dec 31, 2022, from Aug 31, 2022 previously. The change resulted in its current reporting period spanning 16 months from Sept 1, 2021, to Dec 31, 2022.
