Keppel REIT announces its results for 4Q2015 on 18th January 2016. Although
4th quarter Distribution Per Unit (DPU) increased 11.26% to 1.68 cents as compared to 1.51 cents for the same period last year, the
annualised DPU fell 5.85% to 6.8 cents as compared to 7.23 cents a year ago.
If we take the market closing price of S$0.93 on 31st December 2015,
the yield for Keppel REIT will be 7.3%. This is pretty decent to me. At the point of writing this post, the closing price is S$0.89.
|
4Q2015
(S$’000) |
4Q2014
(S$ ‘000) |
YoY(%) |
Property Income |
42,795 |
43,337 |
(1.25) |
Net Property Income |
34,771 |
34,253 |
1.51 |
Distributable Amount |
54,031 |
45,848 |
17.85 |
Distribution Per Unit (“DPU”) (cents) |
1.68 |
1.51 |
11.26 |
Annualised DPU (cents) |
6.8 |
7.23 |
(5.85) |
Debt Maturity Profile
Keppel REIT
completed almost ......