@Ron18:$KEPPEL DC REIT(AJBU.SI)$ The manager of Keppel DC REIT has reported a distribution per unit (DPU) of 10.214 cents for FY2022 ended December 2022. The financial year’s DPU, which is 3.7% higher than the DPU of 9.851 cents in FY2021, was computed based on the distributable income to unitholders after the deduction of capital expenditure (capex) reserves that has been set aside. Based on the REIT’s closing price of $1.77 per unit as at Dec 31 2022, its annualised distribution yield for FY2022 stands at 5.77%. In the 2HFY2022 period, distributable income and DPU increased by 7.3% and 4.8% y-o-y respectively, mainly due to contributions from acquisitions and investments, as well as proactive asset management. The REIT’s distributable income f
@AhGong:Investors await another round of economic data as the Federal Reserve’s final rate-setting meeting this year approaches. Readings on weekly jobless claims, producer price inflation, and consumer sentiment are due out later this week, but the most important data point for clues on the Fed's direction for interest rates is the Consumer Price Index (CPI) out Tuesday, the same day U.S. central bank officials kick off their last two-day rate-setting meeting of 2022. Next week, the central bank is widely expected to deliver a 50 basis point rate hike. While the move would be a smaller one compared to the previous four rate hikes, concerns are swirling over whether the Fed can engineer a so-called soft landing while successfully tamping down inflation.