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Keppel Infrastructure Trust posts 123% higher H2 DPU on special distribution

Mia Pei
Raphael Lim

Mia Pei &

Raphael Lim

Published Wed, Jan 31, 2024 · 08:43 AM
    • KIT's FY2023 revenue sees greater contributions from City Energy.
    • KIT's FY2023 revenue sees greater contributions from City Energy. PHOTO: KIT

    KEPPEL Infrastructure Trust (KIT) posted a 123 per cent higher distribution per unit (DPU) at S$0.0426 for the half year period ended December, compared to S$0.0191 in the year-ago period.

    This included S$0.0233 of special distributions paid out in November, on the back of the “crystallisation” of S$131.2 million in “capital optimisation” at Ixom, said the trust manager on Wednesday (Jan 31).

    Excluding the special distributions, DPU for the period would stand at S$0.0193, 1 per cent higher than the H2 DPU in FY2022.

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