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Frasers Commercial Trust Maintain DPU of 2.40 Cents
By My Sweet Retirement  •  August 24, 2019

I currently held 1% of Frasers Commercial Trust in my stock portfolio. I have always wanted to increase my stake in Frasers Commercial Trust and thus here I am monitoring its results closely. Frasers Commercial Trust announced their 3Q2019 financial results on 22nd July 2019.

The distribution per unit (“DPU”) has remained largely unchanged over the past quarters, in fact I noticed they have been maintaining the same distribution over a year or more. That is actually good news for investors but a little growth might even be better.

3QFY19 Financial Results 3Q2019
(S$’000) 3Q2018
(S$’000) Change Gross Revenue 30,215 32,494 (7.0%) Net Property Income 19,753 20,371 (3.0)% Distributable Income 21,779 21,248 2.5% Distribution Per Unit (“DPU”) (cents) 2.40 2.40 0%

Gross revenue for 3Q2019 fell by 7% as compared to 3Q2018. This was due to the weaker Australian dollar. If you remember, Frasers Commercial Trust has the following Australian

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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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