But price has been corrected to 1.97, yield is gd at 6.42 percent.
Just collect dividend while waiting for the price to recover!
Mapletree Industrial Trust Announces Distribution Per Unit of 3.17 Cents for 3QFY25/26.
XD 4th Feb.
Paydate 12 March.
Marginal quarter-on-quarter decline of 0.3% in distribution per Unit (“DPU”).
Stable operational performance driven by improvement in Overall Portfolio average occupancy and positive rental reversions in the Singapore Portfolio.
Targeting selective divestments of S$500 million to S$600 million in North America.
Less than 0.1%.
Gross revenue and net property income for 3QFY25/26 fell by 8.0% and 7.8% year-on-year to S$163.1 million and S$122.8 million respectively.
This primarily reflected the absence of income from the portfolio divestment of three industrial properties in Singapore on 15 August.
Ms Ler Lily, Chief Executive Officer of the Manager, said, “Our Singapore Portfolio and Japan Portfolio continued to provide a stable base for MIT’s performance supported by resilient occupancies and positive rental reversions.
...Mapletree Ind Tr - Dividend credited today, nice.