United Hampshire US REIT's DPU Up 3.4% in H1

MT Newswires
Aug 13

United Hampshire US REIT's (SGX:ODBU) distribution per unit rose 3.4% during the first half of the year to $0.0216 from $0.0209 a year earlier, according to a Wednesday filing with the Singapore Exchange.

Distributable income rose 5.8% to $13.7 million from $13.0 million in the year-ago period.

Net property income rose 6.4% to $25.5 million from $24.0 million in the prior period.

Gross revenue rose 5.8% year over year to 37.8 million from $35.7 million.

Shares of the U.S. retail and self-storage REIT fell 2% in recent trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10