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…