Daiwa House Logistics Trust (SG:DHLU) has released an update.
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Daiwa House Logistics Trust, managed by Daiwa House Asset Management Asia, has announced a semi-annual distribution payment of 2.95% for its JPY 3.0 billion Perpetual Securities. This distribution, amounting to JPY 44,371,233 and subject to withholding tax, will be paid to the Sponsor, Daiwa House Industry Co., Ltd., on September 30, 2024. The securities have been issuing distributions since their inception on November 26, 2021, with the current rate set to last until five years from the issue date.
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