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Frasers Hospitality Trust posts higher Q1 DPS of 1.3301 S cents

Claudia Chong

Claudia Chong

Published Thu, Jan 23, 2020 · 09:50 PM

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Singapore

FRASERS Hospitality Trust on Thursday posted a first-quarter distribution per stapled security (DPS) of 1.3301 Singapore cents, up from 1.2542 Singapore cents a year ago, as it recorded better performance across its portfolio.

Distributable income increased 7.4 per cent for the three-month period ended Dec 31, 2019.

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