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distribution per stapled security (DPS)
Results
Viva Industrial Trust posts 13.2% rise in 1Q DPS to 1.85 cents
SINGAPORE (April 28): The manager of Viva Industrial Trust (VIT) has declared a distribution per stapled security (DPS) of 1.854 cents, 13.2% higher from the 1.638 cents announced in the previous year.
April 28, 2017
Results
Frasers Hospitality Trust announces 9.1% decline in 2Q DPS to 1.2 cents
SINGAPORE (April 28): The managers of Frasers Hospitality Trust (FHT) have posted a distribution per stapled security (DPS) of 1.2063 cents, down 9.1% on-year from 1.3274 cents in 2Q16 due to the enlarged stapled security base post-rights issue.
April 28, 2017
Broker's Calls
Turnaround in sight for this hospitality trust as supply headwinds abate
SINGAPORE (April 27): RHB is upgrading its call on CDL Hospitality Trusts (CDL HT) from “hold” to “buy”, raising its price target to $1.62 from $1.47 previously on the belief that the hospitality REIT is nearing inflection point.
April 27, 2017