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CDLHT Q4 DPS up marginally at 2.92 cents

Strong contribution from Maldives offset weaker overall performance

In with the new: The Orchard Hotel Shopping Arcade, now renamed Claymore Link, will be revamped and repositioned as a family-centric mall

CDL Hospitality Trusts (CDLHT) reported a distribution per stapled security (DPS) of 2.92 cents for the fourth quarter, 0.7 per cent higher than the year before, as strong contribution from its Maldives property offset a weaker overall performance.

The DPS works out to an annualised yield...