11 quarters of DPU growth; can this REIT continue its track record?

On 17 April 2017, this REIT released it’s financial results ending 31 Mar 2017.

“This is our 11th consecutive quarter of DPU growth since 2Q 2014, a testament of our well-tested strategy of acquiring yield-accretive assets.” said its CEO.

Can this REIT continue its stellar track record? …

Read more11 quarters of DPU growth; can this REIT continue its track record?

First REIT Financial Results Ending 31 Mar 2017

“The 1.4% growth in 1Q DPU was achieved on the back of the full quarter’s rental income contribution from Siloam Hospitals Labuan Bajo (“SHLB”), which was acquired in December 2016. This is our 11th consecutive quarter of DPU growth since 2Q 2014, a testament of our well-tested strategy of acquiring yield-accretive assets. In FY 2017, we will continue to reinforce this strategy to maximise returns to our Unitholders,”

Dr Ronnie Tan, Bowsprit’s Chief Executive Officer.

  • 2.14 cents (1Q FY17)
  • 21 Apr 2017 (Ex-date). 26 May 2017 (Payment date)

Read moreFirst REIT Financial Results Ending 31 Mar 2017

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