| Dividend Yield | 7.43% |
| P/B Ratio | 0.81 |
| Aggregate Leverage Ratio | 33 |
| Occupancy Rate | 94.5% |
| WALE | 4.2 year(s) |
| Interest Coverage Ratio | 5 times |
| Fixed Rate Debt | 73.3% |
| Ex-dividend Date | 13 Nov 2024 |
| Record Date | 14 Nov 2024 |
| Payout Date | 17 Dec 2024 |
| Type | Logistics, Industrial, & Office |
Remarks
Frasers Logistics & Commercial Trust's (FLCT) debt profile continued to weaken further, with the aggregate leverage ratio increasing from 32.7% to 33.0%. The ICR also declined from 5.9x to 5.0x. However, despite the weakening, the overall debt profile is still very healthy.
David Ang - 6 Nov 2024Frasers Logistics & Commercial Trust's (FLCT) debt maturity profile is relatively well-staggered over the next several years. However, please note that there is a 24.34% refinancing obligation in 2025. Should the higher interest rate environment last throughout next year, those debts must be refinanced at a higher rate, potentially impacting the REIT's bottom line and future DPUs.
David Ang - 6 Nov 2024Frasers Logistics & Commercial Trust (FLCT) has a diverse geographical exposure, primarily outside Singapore. Most of the exposure is towards the Australian and European markets. Please take note of this geographical exposure before investing.
David Ang - 9 Sep 2023Geographical Exposure
| Australia | 49% |
| Germany | 25.2% |
| United Kingdom | 10.7% |
| Singapore | 10.3% |
| Netherlands | 4.8% |
Sectoral Exposure
| Logistics & Industrial | 71.9% |
| Office | 28.1% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY25 | 556 | 24.34% |
| FY26 | 534 | 23.38% |
| FY27 | 183 | 8.01% |
| FY28 | 602 | 26.36% |
| FY29 | 403 | 17.64% |
| FY30 | 6 | 0.26% |
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.