Frasers Centrepoint Trust posts Q2 DPU of 2.88 cts

FRASERS Centrepoint Trust (FCT) reported a distribution per unit (DPU) of 2.88 cents for its second quarter ended March 31, a 6.7 per cent increase from 2.7 cents a year ago.

The Q2 distribution will be paid on May 30.

Income available for distribution rose 1.4 per cent to $23.8 million, while net property income rose 2 per cent to $29.3 million.