Mapletree Commercial Trust Q4 DPU up 12.4%

MAPLETREE Commercial Trust (MCT) yesterday reported a distribution per unit (DPU) of 1.953 cents for its fourth quarter ended March 31, 2014, up 12.4 per cent from 1.737 cents a year ago.

This will be paid on June 5, 2014.

It brings the Reit's full-year DPU to 7.372 cents, an increase of 13.6 per cent from a year ago and 15.9 per cent against its forecast in its listing prospectus.