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%.
Mapletree Industrial Trust (MIT)'s DPU increased by 1.5% YoY to 3.37 cents in 2Q FY24/25.
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.
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.