Mapletree Industrial Trust

ME8U.SI : Singapore Exchange



Share Price in SGD. As of 17 May 17:15:40 SGT

Mapletree Industrial Trust announced distribution per share (DPS) of S$0.03

25 Apr 2024 • Upcoming dividend

Mapletree Industrial Trust (ME8U.SI) Share Price


Key stats

  • 52-Week High
    SGD 2.530
  • 52-Week Low
    SGD 2.100
  • Market Cap
    SGD 6.3B
  • Avg Volume
  • P/E Ratio (TTM)
  • Forward Dividend Yield

Earnings Highlights

FY2023/2024 Results Summary

  • Revenue: SGD 697.33M

    Increased 2% Year-on-Year

    Driven by revenue contributions from the redevelopment project, Mapletree Hi-Tech Park @ Kallang Way, the data centre in Osaka, Japan acquired on 28 September 2023 as well as new leases and renewals across various property clusters

  • Net Property Income (NPI): SGD 521.04M

    Increased 1% Year-on-Year

    Better performance was mainly driven by revenue contributions from new projects and leases

  • Rental Reversion: 6.6%

    Positive rental revisions for renewal leases were achieved across all property segments in Singapore in the fourth quarter

  • Distribution Per Unit (DPU): SGD 0.13

    Decreased 1% Year-on-Year

    Higher net property income was offset by higher borrowing costs from new borrowings and higher interest rates

Consensus Share Price Target

Price Target: $2.515


Source: SGX as of 19 May 2024

Share Price Performance

1 Day 0.00% 0.18%
5 Day 1.37% 0.30%
1 Month -1.33% 5.03%
6 Month -2.20% 6.04%
YTD -11.20% 2.59%
1 Year -0.89% -1.79%
5 Year -1.00% 0.39%
Include dividend return

Beansprout Insights

Latest News

Latest dividend

Dividend yield (TTM)
Last payment
Last ex-Date

By SGX as of 19 May 2024


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Company Description

Mapletree Industrial Trust ("MIT") was constituted as a private trust on 29 January 2008. On 1 July 2008, MIT acquired its portfolio of 64 properties from JTC Corporation (“JTC”), comprising 27 property clusters, being the IPO Portfolio excluding the Mapletree Singapore Industrial Trust ("MSIT") Portfolio. Mapletree Industrial Trust is a Singapore real estate investment trust (“REIT”) established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate used primarily for industrial purposes, whether wholly or partially, in Singapore, as well as real estate-related assets. Mapletree Industrial Trust Management Ltd is the manager of Mapletree Industrial Trust.


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