The lower DPS during the quarter was attributed to the absence in income support for Crowne Plaza Changi Airport (CPCA) and higher interest expense, but partially offset by higher income received from hospitality and retail segments.
SINGAPORE (Jan 31): OUE Hospitality Trust (OUEHT) on Tuesday saw a 6.6% drop in 4Q17 distribution per stapled security (DPS) to 1.27 cents from 1.36 cents a year ago.
This brings DPS for the full year to a record 5.14 cents, 11.5% higher than DPS of 4.61 cents a year ago.
