CICT posts 2.5% rise in H1 DPU to S$0.0543 despite higher finance costs
Net property income rises 5.4% to S$582.4 million
Add BT as a preferred source
CAPITALAND Integrated Commercial Trust (CICT) recorded a distribution per unit (DPU) of S$0.0543 for the first half of the year, up 2.5 per cent from S$0.053 in the corresponding period the year before.
It also announced on Tuesday (Aug 13) distributable income of S$366.5 million, up 3.7 per cent from S$353.2 million in the first half of last year. The distribution will be paid out on Sep 26, after the record date on Aug 21.
However, the total return attributable to unitholders fell in H1 to S$364.9 million, compared with S$387.8 million in the year-ago period due to higher finance costs.
TRENDING NOW
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
