Manulife US REIT H2 DPU dropped 11.3% YoY to 2.59 US cents

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Its DPU for FY2020 went down 5.4% YoY to 5.64 US cents. Manulife US Real Estate Investment Trust (REIT) recorded an 11.3% YoY decline on its distribution per unit (DPU) to 2.59 US cents for H2 FY2020 from last year’s 2.92 US cents, the company said in its financial report. The company’s DPU for the entire FY2020 went down 5.4% YoY to 5.64 US cents from last year’s 5.96 US cents, mainly due to H2 FY2020 lower property income and provision for expected credit losses largely from retail trade and F&B tenants. read more