CDLHT’s FY2024 DPS down by 6.7% y-o-y to 5.32 cents due to Manchester BTR project and interest costs
CDL Hospitality Trusts (CDLHT) has reported total distribution per stapled security (DPS) of 5.32 cents for the FY2024 ended Dec 31, 2024, 6.7% lower y-o-y. DPS for the 2HFY2024 fell by 11.9% y-o-y to 2.81 cents. Distributable income for the full year fell by 5.8% y-o-y to $66.9 million due to lower net property income […]