Keppel Infrastructure Trust (KIT) has reported distribution per unit (DPU) of 1.86 cents for the 4QFY2020 ended December, unchanged from a year ago.

This brings total DPU for FY2020 to 3.72 cents, translating to an annualized distribution yield of 6.8% and total unitholder return of 7.8% for the same period, based on KIT’s closing price of 54.5 cents on Dec 31, 2020.

For the 2HFY2020, free cash flow to equity, or distributable cash flow, grew 18.9% y-o-y to $112.4 million. This was led by a 36.1% y-o-y surge in KIT’s Distribution & Network segment on the back of a strong performance from Ixom.

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