| Dividend Yield | 5.63% |
| P/B Ratio | 0.93 |
| Aggregate Leverage Ratio | 38.5 |
| Occupancy Rate | 99.7% |
| WALE | 1.97 year(s) |
| Interest Coverage Ratio | 3.41 times |
| Fixed Rate Debt | 71.4% |
| Ex-dividend Date | 4 Nov 2024 |
| Record Date | 5 Nov 2024 |
| Payout Date | 29 Nov 2024 |
| Type | Retail |
Remarks
Frasers Centrepoint Trust's (FCT) debt profile strengthened slightly in 2H2024.
The aggregate leverage ratio strengthened from 39.1% to 38.5%, and the adjusted ICR increased to 3.41x (up from 3.26x).
The debt profile is relatively healthy.
David Ang - 25 Oct 2024The FCT tenant profile is quite diversified, with the largest tenant accounting for only 5.6% of the gross rental income. This largest tenant is also NTUC Fairprice, a local household brand.
The tenant mix primarily consists of evergreen sectors, such as food and beverages, beauty and healthcare, fashion and accessories, and supermarkets.
David Ang - 25 Oct 2024Frasers Centrepoint Trust (FCT) has been included in the Straits Times Index, cementing its status as a blue-chip REIT in Singapore.
David Ang - 26 Apr 2024Frasers Centrepoint Trust (FCT) portfolio consists primarily of suburban retail malls. These suburban malls are usually more resilient than the prime retail malls; therefore, FCT is considered a relatively more defensive retail REIT.
David Ang - 30 Aug 2023Geographical Exposure
| Singapore | 100% |
Sectoral Exposure
| Retail | 96.6% |
| Office | 3.4% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY25 | 0 | 0% |
| FY26 | 450 | 22% |
| FY27 | 296 | 14.5% |
| FY28 | 415 | 20.3% |
| FY29 | 563 | 27.5% |
| FY30 | 320 | 15.7% |
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.