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OUE Hospitality Trust's Q2 DPS falls 39.5% to 0.92 cent

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OUE Hospitality Trust on Monday reported a 39.5 per cent drop in distribution per stapled security (DPS) to 0.92 Singapore cent for its second quarter ended June 30, 2016.

Singapore

OUE Hospitality Trust on Monday reported a 39.5 per cent drop in distribution per stapled security (DPS) to 0.92 Singapore cent for its second quarter ended June 30, 2016.

This compared with 1.52 cents that it paid out a year ago. The lower distributions were partly due...

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