Monday, 7 November 2016

Share Investment Tips : Manulife US REIT reports maiden DPU of 2.01 US cents, exceeds IPO profit forecast by 5.8% on fair value gains .

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SINGAPORE (Nov 7): Manulife US Real Estate Management, the administrator of recently recorded Manulife US REIT, posted a dissemination for each unit DPU of 2.01 US pennies (3 pennies) for the period from posting date on May 20 to Sept 30, beating its estimated 1.9 US pennies for the period. 

The REIT's distributable pay of US$12.6 million, which surpassed gauges by 5.8%, was generally owing to a net pay of US$33.7 million. This was more than three times the anticipated net salary of US$9.5 million in its outline because of reasonable esteem picks up.

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