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...