Higher DPU than forecast: 1.952c.
XD: 3 May.
Payable: 30 May.
NAV/unit: 88c.
Gearing: 26.4%.
Interest cover ratio: 9.5x
See presentation slides here.
The numbers are nice and strong. Although its distribution yield is lower than AIMS AMP Capital Industrial REIT, I believe that it is a premium that is well worth the money.
Looking at the chart, a potential reverse head and shoulders is quite