CapitaLand Commercial Trust’s 2Q DPU edges up to 2.20 cents; grows 1.9% in 1H

SINGAPORE (July 20): CapitaLand Commercial Trust (CCT) on Wednesday reports distribution per unit (DPU) increased 0.5% to 2.20 cents in 2Q16, from 2.19 cents last year, on the back of higher contributions from CapitaGreen and Raffles City Singapore.

DPU of 4.39 cents for the first half of 2016 was 1.9% higher than the same period last year, and represents an annualised distribution yield of 5.6% based on CCT’s closing price per unit of $1.57 on 19 July.

Payment of the 1H DPU is expected to be made on 25 August 2016.

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