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

To read the full article, please login or subscribe.

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.