CapitaLand Ascott Trust posts 14.1% rise in H2 DPS to S$0.038
CapitaLand : HMN 0% Ascott Trust : HMN 0%’s (Clas) on Monday (Jan 29) posted a 14.1 per cent rise in distribution per stapled security (DPS) to S$0.038 for the second half ended Dec 31, 2023, from S$0.0333 in the year-ago period.
The managers attributed the growth mainly to stronger performance and contributions from new properties, based on the results released.
DPS remained unchanged on a year-on-year basis at S$0.03, after excluding one-off items related to realised exchange gains arising from the repayment of foreign currency bank loans and the settlement of cross-currency interest rate swaps.
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