Keppel DC REIT's Keppel DC Singapore 5. (Photo: Google Maps)

Keppel DC REIT has achieved a distribution per unit (DPU) of 1.85 Singapore cents for its 4Q 2018, an increase of 5.7% year-on-year.

As such, the REIT’s full-year DPU for FY 2018 was 7.32 cents, 5.0% higher than the adjusted DPU of 6.97 cents in FY 2017.

This translates to a distribution yield of 5.42% based on Keppel DC REIT's market closing price of SGD1.350 per unit on the last trading day of 2018.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.