ASX:DBIInfrastructure
Dalrymple Bay Infrastructure (ASX:DBI): Assessing Valuation After Broker Upgrades Dividend and Profit Outlook
Citi’s latest note on Dalrymple Bay Infrastructure (ASX:DBI) points to stronger distribution growth, lifting its annual dividend outlook to 6% and upgrading profit forecasts, as rising cash and funds from operations improve payout sustainability.
See our latest analysis for Dalrymple Bay Infrastructure.
Against this backdrop, Dalrymple Bay Infrastructure’s A$4.98 share price has been supported by a 16.08% 1 month share price return and a 39.89% year to date share price return, while its 3...