On 11 December, 2014 I recommended a BUY on Keppel Infrastructure Trust (KIT) at SD1.07. Today, it is trading at SD1.115, representing an increase of SD0.045. Including the distribution of SD0.0469 paid on 13 February, 2015, the total increase is SD0.0919 or 8.6% for a period of 5 months.
KIT just announced its Q1 2015 results.
Revenue fell slight;y by 1.1%
Profit increased by 23.1%
Current and Gearing Ratio are excellent.
Total distribution paid for 2014: SD0.0782, representing a yield of 7.3% of initial buying price of SD1.085. KIT pays a distribution every half a year, so buying at current levels will ensure you get the half yearly distribution, although the yield will be lower at 7.0%.
Still, always do your own research as our risk tolerance may differ.
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