FHT's Q2 DPS down 3.6% at 1.33 Singapore cents

Singapore

HOTELS and serviced residences owner Frasers Hospitality Trust (FHT) reported a distribution per stapled security (DPS) of 1.33 Singapore cents for its second quarter ended March 31, down 3.6 per cent from 1.38 cents a year ago.

For the half-year ended March 31, a distribution of 3.0506 cents per stapled security was declared - an annualised 7.4 per cent yield on Thursday's closing price of 82 Singapore cents.