SINGAPORE (Jan 29): The manager of OUE Hospitality Trust (OUE H-Trust) reported 4Q18 DPS tof 1.28 cents, 0.8% higher from 1.27 cents in 4Q17.
This brings DPS for FY18 to 4.99 cents, 2.9% lower than 5.14 cents in FY17.
Gross revenue for the quarter was 2.2% lower at $33.1 million from $33.8 million last year, as both the trust’s hospitality and retail segments posted a decrease of 2.6% and 0.9% in revenue, respectively.
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