FrasersCT – BT

FCT DPU up slightly to 1.86 cents

FRASERS Centrepoint Trust has posted a 1.7 per cent gain in its Q2 income currently available for distribution to $12.2 million.

For the three months ended March, distribution to unitholders went up 7.3 per cent to $11.6 million, as the trust manager has retained 5 per cent of its income currently available for distribution.

As a result, distribution per unit edged up to 1.86 cents, from 1.75 cents in the year-ago period.