“KIT invests in infrastructure assets that provide stable cashflows in developed markets. It offers an attractive distribution yield of 8.5% for FY2024,” Mak writes.
Beansprout, an investment advisory platform, has initiated “buy” on Keppel Infrastructure Trust (SGX:A7RU
) (KIT).
In her report dated June 13, analyst Peggy Mak likes the trust for its resilient assets that support its “attractive” yield.
