MRCB-Quill REIT Declares Lower Distribution Per Unit For FY2019
20 January 2020 — After taking into consideration the non-cash adjustment for amounts previously not distributed of RM0.9 million, MQREIT achieved a distributable income for FY 2019 of RM73.01 million. (“Distributable Income”), equivalent to a distributable income per unit of 6.81 sen.
FY 2019 distribution per unit (“DPU”) is 6.80 sen, which is 15.8% lower compared to the FY 2018 DPU of 8.08 sen. The FY 2019 DPU of 6.80 sen translates to a distribution yield of 6.8% based on the closing price of RM1.00 per unit as at 31 December 2019.
Read more here..