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5 things you should know about Keppel DC REIT
By PropInvestSG  •  August 30, 2017

Keppel DC REIT released their second quarter 2017 financial results in July. This post is a review of their results and the top 5 things you should know from their announcement.

Key highlights

Distribution or dividend per unit in the first half of 2017 has improved compared to the first half of 2016, rising from 3.34 SG cents to 3.63 SG cents.

There’s been an improvement between second quarter 2017 and second quarter 2016 too.

Gearing ratio of 27.7% remains one of the lowest among Singapore REITs. The average leverage for Singapore REITs is approximately 35%.

Distribution or dividend yield of 5.56% is on the slightly lower side compared to Singapore REITs’ average of 6.2%. The lower dividend yield is due in part to price-to-book being on the higher side at around 1.2

This means that investors are possibly pricing in future growth, and many of them want to participate

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By PropInvestSG
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