Monday, July 30, 2012

Cambridge Industrial announces DPU of $1.18

Cambridge Industrial Trust (CIT) announced a distribution per unit (DPU) of 1.180 cents per share for its second quarter ended 30 June 2012, up 13.9% on year from 1.036 cents in Q2 2011.

This was on the back of its $18.37 million net property income, a 8.8% year-on-year increase from $16.89 from the corresponding period in 2011.

Its revenue also grew 10.4% on year to $21.54 million during this period, up from $19.51 million a year ago.

The dividend will be paid to shareholders on 12 September 2012, the group said.


 

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