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Far East H-Trust's Q3 DPS down 1% due to enlarged base

Fiona Lam
Published Wed, Oct 30, 2019 · 09:50 PM

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Singapore

FAR East Hospitality Trust's (Far East H-Trust's) distribution per stapled security for the third quarter fell 1 per cent to 1.04 Singapore cents, from 1.05 cents in the same period last year.

This was due to an enlarged base that was largely a result of the implementation of the distribution reinvestment plan in the last three quarters, the hospitality stapled group saidon Wednesday.

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