Shares & Derivatives
Mapletree Logistics Trust FY23/24 Financial Results
By My Sweet Retirement  •  May 26, 2024
On 29th April 2024, Mapletree Logistics Trust released their FY23/24 financial results. Currently, Mapletree Logistics Trust makes up 4.47% of my stock portfolio in terms of value. A Distribution Per Unit (DPU) of 2.211 cents was announced for 4Q FY23/24. With the final dividend being announced, what is Mapletree Logistics Trust’s dividend yield? As of 31 March 2024, Mapletree Logistics Trust owned 187 properties with an aggregate portfolio property valuation of S$13.2 billion, an increase of S$0.4 billion or 3.2% year-on-year. In FY23/24, Mapletree Logistics Trust acquired a total of nine properties. It also divested seven properties during the year at a currency translation loss of S$470.9 million and S$1.8 million net fair value loss on investment properties. The net fair value loss was largely attributed to properties in Australia and China. How did Mapletree Logistics Trust perform in FY23/24? Let us dive deeper into its financial results below. Mapletree Logistics Trust 4Q FY23/24 Financial Results In Q4 FY23/24, Mapletree Logistics Trust’s Gross revenue and net...
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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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