Monday, May 02, 2011

Mapletree Log and Frasers Centrepoint Trust compared

In Business Times dated April 22, the two entities' performance were reported.

Mapletree Logistics Trust
- increase in amount distributable to $37.54 million for quarter ended March 31
- distribution per unit is 1.55cents (1.5 for same quarter last year)
- This represents a yield of 6.8% assuming the share price of 91.5cents and constant distribution per unit over 4 quarters

Frasers Centrepoint Trust
- net quarterly property income dropped 1.3% to $20.1 million
- distribution per unit is 2.07cents (2.06 for same quarter last year
- total distribution for half year to date is 4.02cents (3.97cents a year ago)
- This represents a yield of 5.4% assuming share price of 150cents and constant distribution per unit for remaining 6 months of financial year

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