Mapletree Comm Trust's Q1 DPU up 11.2%

MAPLETREE Commercial Trust (MCT) has posted distribution per unit (DPU) of 1.95 Singapore cents for the first quarter ended June 30, up 11.2 per cent from the same year-ago period. This reflects 5.6 per cent annualised distribution yield based on Wednesday's closing price of S$1.385.

The counter ended 0.5 Singapore cent higher at S$1.39 yesterday. MCT released its results after the stock market closed.

Unitholders can expect to receive their Q1 distribution on Sept 4. Books closure is on Aug 4. The stock goes ex-dividend on July 31.