OUE Hospitality Trust posts 6.6% drop in 4Q DPS to 1.27 cents on absence of income support, higher interest expense

SINGAPORE (Jan 30): The manager of OUE Hospitality Trust (OUE H-Trust) has announced distribution per stapled security (DPS) of 1.27 cents for the 4Q ended December, a decline of 6.6% from DPS of 1.36 cents a year ago.

This bring DPS for the full year to a record 5.14 cents, 11.5% higher than DPS of 4.61 cents a year ago.