MLT Q4 DPU up 9.2% at 1.89 cents

MAPLETREE Logistics Trust posted a distribution per unit (DPU) of 1.89 cents for its fourth quarter ended March 31, 2014, up 9.2 per cent from 1.73 cents a year earlier.

This will be paid on May 30, 2014.

The higher DPU came on the back of a 10.1 per cent increase in distributable amount to $46.3 million.