Friday, February 11, 2011

CambridgeIndTrust

CambridgeIndTrust: Stable 4Q results, gross rev at $19.1m +4.8%qoq, and NPI is at 16.8m +5.4%qoq. No surprises with 4Q results relatively inline, similar to 3Q results. Distributable income at 12.0m with a DPU of 1.193 cents. resulting in full yr DPU of 4.892 cents, an annual yield of 9.4% based on yday's closing slightly higher than gross yield of 8.3% prev.

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