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Mapletree Industrial Trust (MIT)

SGX:ME8U
Dividend Yield 6.12%
P/B Ratio 1.21
Aggregate Leverage Ratio 39.1
Occupancy Rate 91.9%
WALE 4.4 year(s)
Interest Coverage Ratio 4.3 times
Fixed Rate Debt 80.4%
Ex-dividend Date 1 Aug 2024
Record Date 2 Aug 2024
Payout Date 12 Sep 2024
Type Industrial & Data Centers

Remarks

Mapletree Industrial Trust (MIT) has a well-managed debt maturity profile, with only 5% due for refinancing in FY24/25 and 22% in FY25/26. The fixed borrowing rate is also healthy at 80.4%.
David Ang - 30 Oct 2024
Mapletree Industrial Trust (MIT)'s DPU increased by 1.5% YoY to 3.37 cents in 2Q FY24/25.
David Ang - 30 Oct 2024
MIT's debt profile is relatively stable. The aggregate leverage ratio was steady at 39.1%, and the adjusted ICR was also steady at 4.3x. Overall, MIT's debt profile is healthy.
David Ang - 30 Oct 2024

Geographical Exposure

Singapore 48.6%
United States 45.9%
Japan 5.5%

Sectoral Exposure

Data Center 54.7%
Industrial 39.3%
Office 6%

Dividend Distribution History (DPU)

Debt Maturity Profile

In $ millions
Show debt maturity profile details
Fiscal Year Debt (in $ millions) Percentage
FY24/25 196 5%
FY25/26 780 22%
FY26/27 635 18%
FY27/28 874 25%
FY28/29 622 17%
FY30/31 294 8%
FY35/36 59 2%
FY38/39 92 3%
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.