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CapitaLand Ascott Trust reports 47% increase in 2HFY2022 DPS of 3.33 cents

Felicia Tan
Felicia Tan • 4 min read
CapitaLand Ascott Trust reports 47% increase in 2HFY2022 DPS of 3.33 cents
A one-bedroom unit at Ascott Orchard Singapore. Photo: CLAS
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The managers of CapitaLand Ascott Trust (CLAS) have reported a distribution per stapled security (DPS) of 3.33 cents for the 2HFY2022 ended Dec 31, 2022. The DPS for the second half of the FY stood 47% higher than 2HFY2021’s DPS of 2.27 cents.

For the FY2022, CLAS’s DPS increased by 31% y-o-y to 5.67 cents, up from FY2021’s DPS of 4.32 cents.

Excluding one-off items, which include the divestment gain of $45 million distributed in the FY2021, the adjusted DPS for the FY2022 rose by 106% y-o-y to 4.79 cents.

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