K-Green Trust's full year payout is 7.82 cents per unit
THE absence of an $8.1 million one-off construction revenue dragged the bottomline of K-Green Trust (KGT).
Net profit for the 12 months to Dec 31 fell 4 per cent to $14.2 million on the back of a 12 per cent decline in revenue to $67.1 million.
The profit translated to a distribution per unit of 7.82 cents, similar to that of 2012.
Its annualised distribution yield is 7.5 per cent, based on its closing price of $1.045 on Dec 31 last year, reported the company yesterday.