| Dividend Yield | 5.43% |
| P/B Ratio | 1.34 |
| Aggregate Leverage Ratio | 39.1 |
| Occupancy Rate | 91.9% |
| WALE | 4.6 year(s) |
| Interest Coverage Ratio | 4.3 times |
| Fixed Rate Debt | 82.1% |
| Ex-dividend Date | 1 Aug 2024 |
| Record Date | 2 Aug 2024 |
| Payout Date | 12 Sep 2024 |
| Type | Industrial & Data Centers |
Remarks
MIT's debt profile is relatively stable. The aggregate leverage ratio increased again to 39.1% last quarter, up from 38.7% in the previous quarter. Despite the increase, the ratio is still relatively healthy, much lower than the regulatory limit of 50%. A lower aggregate leverage ratio may allow MIT to maneuver in the future despite the higher interest rate environment.
David Ang - 26 Jul 2024Mapletree Industrial Trust (MIT) has a well-managed debt maturity profile, with only 6% due for refinancing in FY24/25 and 22% in FY25/26. The fixed borrowing rate is also healthy at 82.1%.
David Ang - 26 Jul 2024Mapletree Industrial Trust (MIT)'s DPU increased by 1.2% YoY to 3.43 cents in 1Q FY24/25.
David Ang - 26 Jul 2024Geographical Exposure
| Singapore | 48% |
| United States | 46.9% |
| Japan | 5.1% |
Sectoral Exposure
| Data Center | 55.2% |
| Industrial | 38.9% |
| Office | 5.9% |
Dividend Distribution History (DPU)
Debt Maturity Profile
In $ millions
Show debt maturity profile details
| Fiscal Year | Debt (in $ millions) | Percentage |
|---|---|---|
| FY24/25 | 203 | 6% |
| FY25/26 | 794 | 22% |
| FY26/27 | 656 | 18% |
| FY27/28 | 909 | 25% |
| FY28/29 | 636 | 17% |
| FY30/31 | 280 | 8% |
| FY35/36 | 56 | 2% |
| FY38/39 | 86 | 2% |
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.