FCT posts Q2 DPU of S$0.031, up 2%

Singapore

FRASERS Centrepoint Trust (FCT) on Wednesday posted a higher distribution per unit (DPU) of 3.10 Singapore cents for the second quarter, from 3.04 Singapore cents in the year-ago period, on higher revenue and property income.

Distribution to unitholders in Q2 2018 was up 2.5 per cent to S$28.7 million from the year before, and distribution to unitholders in H1 2018 rose 3.4 per cent to S$56.5 million.