Income to be distributed to unitholders for the 1HFY2020/2021 fell 16.1% y-o-y to $41.4 million, after some $4.9 million has been retained by the manager for working capital purposes.
The manager of Starhill Global REIT reported distribution per unit (DPU) for the 1HFY2020/2021 ended December of 1.88 cents, some 16.8% lower than DPU of 2.26 cents in the same period a year ago.
The DPU represents an annualised distribution yield of 7.41% based on the closing unit price of 50.5 cents as at Dec 31, 2020.
