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Units in Mapletree Industrial Trust dip 1.0% after posting 3.8% increase in 3Q DPU

Felicia Tan
Felicia Tan • 2 min read
Units in Mapletree Industrial Trust dip 1.0% after posting 3.8% increase in 3Q DPU
Unitholders can expect to receive their distribution on March 8.
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As at 9.41am, units in Mapletree Industrial Trust (MIT) were down 1.0% to $2.84 from its last closed price of $2.87 on Jan 29 after the REIT reported its results for the 3QFY2020/2021 ended December.

The manager of MIT, on Jan 29, posted distribution per unit (DPU) of 3.28 cents for the 3QFY2020/2021, 3.8% higher than DPU of 3.16 cents a year ago.

Q-o-q, the REIT saw a 5.8% growth compared to 2QFY2020/2021 DPU of 3.10 cents.

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