Hope tomorrow share price will up to 1.40. Maybe I will keep until 6 of February 2014.
CMMT’s 4Q distribution per unit rises to 2.24 sen
Business & Markets 2014
Written by Ho Wah Foon of theedgemalaysia.com
Thursday, 23 January 2014 18:43
KUALA LUMPUR (Jan 23): CapitaMalls Malaysia Trust (CMMT) achieved a distribution per unit (DPU) of 2.24 sen for the fourth quarter ended 31 December 2013 (4Q 2013), 6.2% higher than the 2.11 sen for the same quarter last year.
For 4Q 2013, CMMT posted a net property income (NPI) of RM54.8 million, a 10.8% increase over the RM49.5 million for 4Q 2012, according to CMMT’s press statement filed with Bursa Malaysia.
“The better performance was partly due to the completion of Phase 1 asset enhancement works at East Coast Mall in Kuantan.”
For the 2013 financial year, CMMT recorded DPU of 8.85 sen, 4.9% higher than the DPU of 8.44 sen for financial year in 2012.
“Unitholders can expect to receive the total DPU of 4.50 sen per unit for the period from 1 July 2013 to 31 December 2013 on 7 March 2014.
“The total DPU of 8.85 sen for FY 2013 translates to an annualised distribution yield of 6.5% based on CMMT’s closing price of RM1.36 per unit on 22 January 2014.”