First REIT: Higher quarterly DPU of 2.00c.

First REIT is one of my longest holding investments and currently my second largest investment in an S-REIT.

So, a higher quarterly DPU is going to have a more significant positive impact on passive income received from investments for the full year. The details?

A DPU of 2.00c will be paid on 29 August 2014. XD date is 21 July 2014.

With full income contribution yet to be realised for the recently acquired Siloam Hospital Purwakarta, DPU in the next quarter could see a slight increase, everything else remaining equal.

Gearing is comfortable at 32.9%. Once refinancing of a short term loan facility is completed, First REIT will not have any debt due until 2017. This gives me a peace of mind.



Click to enlarge.

First REIT is still an investment for keeps.

See slides presentation:
First REIT presentation 15 July 2014.

Related post:
A way to a double digit yielding portfolio.

Religare Health Trust: Opinions?

From FB:

Opinions?

Oh, in case you are new to my blog and still do not know, AK has been active in FB for a year now. An achievement for an IT dinosaur!

https://www.facebook.com/assi.ak.9