AIMS AMP Capital Industrial Reit 4Q DPU at 2.95 cents

AIMS AMP Capital Industrial Reit posted their 4Q FY 15/16 earning report in summary below.

•  Available Distribution per Unit (DPU) for 4Q FY 15/16 of 2.95 cents, 1% higher than the corresponding quarter a year ago
• Gross revenue and net property income for FY 2016 increased by 7.8% and 2.9% respectively
• Distribution to Unitholders in FY 2016 increased by 4.1% to S$72.1 million
• DPU for FY 2016 of 11.35 cents, 2.5% increase over FY 2015 of 11.07 cents

For the full year to March, revenue rose 7.8% to $124.4 million, with the rental contributions from 20 Gul Way and 103 Defu Lane 10 as they became income producing in 2014, and the higher recoveries from 29 Woodlands Industrial Park E1 and 8 and 10 Pandan Crescent.

AIMS AMP Reit had been consistently paying good dividend over the years as compared to Singapore Government 10 years bond and also CPF. The good leaderships of the management had rewarded the shareholders year after year with increasing DPU returns. If you are looking to invest for income, AIMS AMP Reit is definitely one of the better Reit to invest in.