IGBREIT ex for Income Distribution - The return is much better than FD

As announced on 1/8/2013, IGB REAL ESTATE INVESTMENT TRUST (IGBREIT) will be ex for income distribution on 14/8/13.

This income distribution of 3.43 sen per unit is for the financial period from 1 Jan 2013 to 30 Jun 2013.

This is also the second distributions for IGBREIT after IPO on 21/9/12. Previous distribution was 1.83 sen per unit which was paid on 28/2/2013.

Timeline of Income Distribution:
Ex-Date                             [ 14 August 2013 ]
Entitlement Date             [ 16 August 2013 ]
Payment Date                 [ 29 August 2013 ]

Why the return is much better than FD?
The answer is : Bear in mind this payment is only for the first 6 months of the year. Surely, they will give another income distribution after the end of 2013. By adding up both payment, definitely it will surpass FD rate.