KLSE (MYR): KIPREIT (5280)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.90
Today's Change
+0.005 (0.56%)
Day's Change
0.895 - 0.90
Trading Volume
715,700
Market Cap
557 Million
NOSH
619 Million
Avg Volume (4 weeks)
461,015
4 Weeks Range
0.885 - 0.90
4 Weeks Price Volatility (%)
52 Weeks Range
0.88 - 0.915
52 Weeks Price Volatility (%)
Previous Close
0.895
Open
0.895
Bid
0.90 x 18,600
Ask
0.905 x 382,000
Day's Range
0.895 - 0.90
Trading Volume
715,700
Latest Quarter | Ann. Date
31-Mar-2024 [#3] | 23-Apr-2024
Next QR | Est. Ann. Date
30-Jun-2024 | 25-Jul-2024
T4Q P/E | EY
8.62 | 11.60%
T4Q DY | Payout %
7.17% | 61.13%
T4Q NAPS | P/NAPS
1.09 | 0.83
T4Q NP Margin | ROE
70.29% | 9.62%
2024-07-19
2024-07-19
2024-07-19
Sector: REAL ESTATE INVESTMENT TRUSTS
Sector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Description:
KIP Real Estate Investment Trust (KIP REIT) is a Malaysia-based real estate investment trust (REIT) established with the principal investment policy of investing, directly and indirectly, in a portfolio of income-producing Real Estate used primarily for retail purposes. The focus of its investments is towards community-centric retail centers. KIP REIT's initial portfolio consists of six Subject Properties, including five retail centers known as KiP Mart and a neighborhood retail center known as KiP Mall. The properties are namely KiP Mart Tampoi, KiP Mart Kota Tinggi, KiP Mart Masai, KiP Mart Lavender Senawang, KiP Mart Melaka and KiP Mall Bangi; these assets are predominantly situated in the southern states of Malaysia, namely Johor, Malacca and Selangor. KIP REIT's manager is KIP REIT Management Sdn Bhd, which is engaged in active asset management and enhancement strategies, acquisition growth strategies and capital and risk management strategies.
It gives out dividend every quarter if I am not mistaken..If I am right we can expect a dividend for 4th Q 2023...soon
2024-01-18 16:10
See past few years history la
From 16th to 19th
No law saying that QR must be same day every year
2024-01-19 10:01
Their pattern is every Q 1.45 to 1.55 cts region for 3Q. Next Q in May also should be about the same. The mid year in July after book closing then they will usually give a bit more ie 1.7 or 1.8 I think this coming July.
2024-01-19 16:09
To make 1 or 1.5 cts in a week is good buy also. There will be a small jump once dividend is announce
2024-01-22 20:42
actually I buying a lot last few days at 885. After announcemnet it goes to 90 cts I just sell
2024-01-24 10:23
Well…if there is a surprise in the earning it can go to 805. 🤭
2024-01-25 17:17
Doubt it as REITS income usually fairly consistence unless some major write off or surprises as most rental contract are long term
2024-01-26 10:17
Income Distribution
Entitlement Details:
Second Income Distribution of 1.55 sen per unit for the 2nd Quarter of 2024
(from 1 October 2023 to 31 December 2023) comprising:- (1) 0.85 sen per unit is
taxable; (2) 0.65 sen per unit is non-taxable; and (3) 0.05 sen per unit is tax
exempt.
Entitlement Type: Income Distribution
Entitlement Date and Time: 14/02/2024 04:00 PM
Year Ending/Period Ending/Ended Date: 30/06/2024
EX Date: 13/02/2024
To SCANS Date:
Payment Date: 29/02/2024
Interest Payment Period: 01/10/2023 to 31/12/2023
2024-01-29 18:10
Then this year yield should to above 7% this year as in July the last one before book closing usually is higher.
2024-01-30 10:09
smartly,.... this usually I do not understand the term.
Second Income Distribution of 1.55 sen per unit for the 2nd Quarter of 2024
(from 1 October 2023 to 31 December 2023) comprising:- (1) 0.85 sen per unit is
taxable; (2) 0.65 sen per unit is non-taxable; and (3) 0.05 sen per unit is tax
exempt.
Does it mean on the 1.55 cts declared, the 0.85 cts are taxable at 10 %, right and the 0.65 % is non taxable means no tax and the final 0.05cts is tax exempted... what it really means ???. I am not sure about this last 2 term. Can someone pls help explained and clarify on this ?
2024-01-30 10:36
To normal/layman investor like us
Taxable = Deduct 10% withholding tax
Exempt = 0% tax
Non-taxable = 0% tax
2024-01-30 10:47
Oh... Ok, many thanks. Means effective base on the tax, the tax would be 5% of 1.55 cts since about half is not taxable
2024-01-30 15:32
all give tp > RM1 but since listing, never before it touches above RM1.
this stock is only good for keeping for its dividends.
those looking for higher interest yield than epf, not a bad idea to park your money here
2024-02-02 16:47
They have bought the 3 industrial lots and Kinta City which are damn good investment for KIPREITS. Makes KIP not so reliance to just shpping mall and a bit diversify. If they keep on this trend it will be good in the future.
2024-02-07 16:34
Q2FY2024 - 10.6m
Q2FY2023 - 8.1m
so the 3 industrial properties have contributed approximately (10.6 - 8.1) 2.5m per Q
yearly net profit will have additional 10m, this translate to 0.16sen additional DPU yearly
2024-02-07 17:05
say 0.16sen net distributable is around 0.144sen
every Q will have additional 0.036sen DPU
2024-02-07 17:11
KIPMall Kota Warisan not in the picture yet, only to Start Contributing in 2HFY24
2024-02-07 17:13
@smartly - did you factor in the dilution after the 3 industrial properties in your DPU calculation?
2024-02-07 22:44
Haiyan….@smartly - did you understand my question? You calculation claims on industrial pro wil contribute 0.16 (nett 0.144) annually. Does this consider the increase in number of units following the placement and issue of new shares in lieu of the industrial property acquisition
2024-02-09 11:11
does it matter ????... some results will be due out this week anyway. But expect another 1.55 cts announcement. Next Q will be the interesting one
2024-04-22 12:09
https://www.thestar.com.my/business/business-news/2024/05/27/kip-reit-to-acquire-dpulze-shopping-centre-for-rm320mil
"The exercise will be funded by a combination of bank borrowings and proceeds to be raised from a proposed placement of up to 180 million new shares in KIP REIT to raise up to RM146.70 million, and a proposed placement of up to 15 million units to major shareholder Datuk Ong Kook Liong, and/or persons connected with him.
"The actual issue price for the placement units will be determined later and may be higher or lower than the illustrative issue price of 81.5 sen per unit," it added."
What will be the impact to the current share price?
1 month ago
Placements (assuming this is private) at discounted share price is to attract institutional investors, not really a fan of it. Basically means dilution and retail investors always lose out. Short term share price should drop a bit and dividend distribution as well until DPulze starts contributing to the NPI. Likely to expect something similar to 2022 when they acquired the 3 industrial properties, dividend dropped to 6.2 sen/unit for FY23. But KIP's strength has always been giving out consistent dividends. Safe to still expect a after WHT tax of 6% DY. This counter is always about stability. Bought in 2022 and share price is still ~0.89
1 month ago
Hi 5 to Trinity, hahah i have been holding kipreit since 2022 to harvest dividend portfolio. Yes its a stable stock.
the price is always around ~0.89. its bitter sweet
1 month ago
@Value Investor Coo1eo
What are you talking about? See here:
https://klse.i3investor.com/web/stock/entitlement/5280
1 month ago
Justmeme
Then next div in July next year will be great then
2023-11-10 15:39