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CDLHT's Q3 DPU falls 2.9% to 2.64 cents

CDL Hospitality Trust (CDLHT) has posted a distribution per stapled security of 2.64 cents for the third quarter ended September, down 2.9 per cent from 2.72 cents a year ago. This was on the back of a 2.2 per cent dip in income available for distribution of $25.7 million, after taking into account income retained for working capital.

This translates to an annualised distribution per stapled security of 10.47 cents, which is 3.2 per cent less than the 10.82 cents posted a year ago. Based on the closing...

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