(See also: Keppel Infrastructure Trust reports flat 1Q DPU of 0.93 cent)
SINGAPORE (April 18): DBS Vickers Securities is maintaining its “buy” call on Keppel Infrastructure Trust (KIT) with an unchanged price target of 56 cents, after its trustee-manager on Monday declared a distribution per unit (DPU) of 0.93 cent for 1Q17, unchanged from a year ago.
In a Tuesday report, analyst Suvro Sarkar regards this as positive news of maintaining its record of steady DPU. Overall, he lauds KIT as an infrastructure platform with steady cash earnings with its newest asset, Data Centre One, having contributed to its positive cash flows in 1Q17.
