Keppel Infrastructure Trust's DPU unchanged for Q3
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Singapore
KEPPEL Infrastructure Trust (KIT), which runs Singapore's town gas and natural gas utilities provider, on Monday posted a distribution per unit (DPU) of 0.93 Singapore cent for the third quarter ended Sept 30, 2016, unchanged from a year ago.
KIT is a business trust, and can pay distributions to unitholders out of its retained cash and residual cash flows, as according to its distribution policy. This contrasts with companies, which can only make dividend payments out of accounting profits.
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