Keppel Infrastructure Trust (KIT)

For the nine-month period, group EBITDA surged 38% y-o-y to $283.7 million.

REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts

DBS Group Research is maintaining its “buy” call on Keppel Infrastructure Trust (KIT) at a revised target price of 57 cents.

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.

Keppel Infrastructure Trust (KIT) and Keppel Energy (KE), have secured a seven-year $700 million sustainability-linked loan from DBS Bank and OCBC Bank for its jointly owned gas-fired co-generation plant, Keppel Merlimau Cogen Plant.

SINGAPORE (Apr 22): DBS Group Research has maintained Keppel Infrastructure Trust (KIT)’s “buy” rating with a lower target price of 54 cents, from 58 cents previously.

This translates to an annualised yield of 8.8%, based on KIT’s closing price of 42.5 cents on Mar 31, 2020.

SINGAPORE (Oct 18): DBS Group Research is reiterating its “buy” recommendation on Keppel Infrastructure Trust (KIT) with a target price of 58 cents.

SINGAPORE (July 15): Keppel Infrastructure Trust (KIT) reported a DPU of 0.93 cent for 2Q19, unchanged compared to 2Q18.

SINGAPORE (Apr 17): DBS Group Research is keeping its “buy” call on Keppel Infrastructure Trust (KIT) with a target price of 58 cents, following its results announcement on Monday.