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Keppel Infra Trust declares 2Q DPU of 0.93 cent due to 'minimal impact' from Covid-19

Felicia Tan
Felicia Tan • 2 min read
Keppel Infra Trust declares 2Q DPU of 0.93 cent due to 'minimal impact' from Covid-19
The trustee-manager of Keppel Infrastructure Trust (KIT) has announced a total distribution per unit (DPU) of 0.93 cent for the 2Q20 ended June, unchanged from the DPU reported in 2Q19.
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SINGAPORE (July 22): The trustee-manager of Keppel Infrastructure Trust (KIT) has announced a total distribution per unit (DPU) of 0.93 cent for the 2Q20 ended June, unchanged from the DPU reported in 2Q19.

This brings 1H20 DPU to 1.86 cents, translating to an annualised distribution yield of 6.9% based on KIT’s closing price per unit of 54 cents as at June 30.

Distributable cash flow for 2Q20 rose 35.8% y-o-y to $62.2 million. 1H20 distributable cash flow rose 20.3% y-o-y to $113.3 million.

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