- Keppel Infrastructure Trust (KIT, SGX:A7RU)'s 1H24 group revenue and distributable income were lower y-o-y on the back of timing differences as well as one-offs.
- 1H24 distribution per unit (DPU) of S$0.0195 declared, representing an annualised yield of 8.2% based on Keppel Infrastructure Trust's share price of S$0.475 as at 26 Jul 2024.
A mixed set of 1H24 results
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Keppel Infrastructure Trust has announced a 1H24 distribution per unit (DPU) of S$0.0195, which is up 1% y-o-y and constitutes 48.9% of our initial full year forecast, which we deem to be in line with our expectations. The distribution is due to be paid out on 13 Aug 2024.
KIT continued to grow its portfolio aggressively in 1H24, but contributions from new acquisitions failed to offset one-offs and timing differences
Distributable income for the Energy Transition segment was down 14.4% y-o-y
- Read more at SGinvestors.io.
