Last $1.73 SGD
Change Today +0.015 / 0.88%
Volume 893.0K
As of 9:58 PM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

cdl hospitality trusts (CDREIT) Snapshot

Open
$1.71
Previous Close
$1.71
Day High
$1.73
Day Low
$1.71
52 Week High
04/25/14 - $1.84
52 Week Low
02/5/14 - $1.53
Market Cap
1.7B
Average Volume 10 Days
1.0M
EPS TTM
$0.14
Shares Outstanding
980.3M
EX-Date
08/1/14
P/E TM
12.3x
Dividend
$0.11
Dividend Yield
6.27%
Current Stock Chart for CDL HOSPITALITY TRUSTS (CDREIT)

Related News

No related news articles were found.

cdl hospitality trusts (CDREIT) Related Businessweek News

No Related Businessweek News Found

cdl hospitality trusts (CDREIT) Details

CDL Hospitality Trusts, through its subsidiaries, operates as a hotel real estate investment trust (REIT). It invests in a portfolio of hospitality and hospitality related real estate assets. As of December 31, 2009, the company owned and operated 11 hotels comprising Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel, and Novotel Clarke Quay in Singapore; Rendezvous Hotel Auckland, a deluxe hotel located in Auckland, New Zealand; and Novotel Brisbane, Mercure Brisbane, Ibis Brisbane, Mercure Perth, and Ibis Perth located in Brisbane and Perth, Australia comprising a total of 3,942 hotel rooms. It also operated Orchard Hotel Shopping Arcade, the shopping arcade adjoining Orchard Hotel in Singapore. The company has elected to be taxed as a REIT. As a REIT, it would not be subject to corporate income tax on 90% of its net income that is distributed to shareholders. CDL Hospitality Trusts was founded in 2006 and is based in Singapore, Singapore.

Founded in 2006

cdl hospitality trusts (CDREIT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

cdl hospitality trusts (CDREIT) Key Developments

CDL Hospitality Trusts Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

CDL Hospitality Trusts announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported gross revenue of SGD 40,113,000 against SGD 35,860,000 a year ago. Net property income was SGD 33,823,000 against SGD 33,039,000 a year ago. Income available for distribution (before deducting for working capital) income was SGD 28,425,000 against SGD 28,566,000 a year ago. Income available for distribution (after deducting for working capital) was SGD 25,582,000 against SGD 25,709,000 a year ago. Net income was SGD 24,259,000 against SGD 25,548,000 a year ago. The improvement in overall gross revenue was mainly attributable to the recognition of the full hotel revenue of Jumeirah Dhevanafushi (acquired on 31 December 2013), which contributed SGD 4.7 million in third quarter of 2014. Income available for distribution per Stapled Security (after deducting income retained for working capital) annualized was 10.36 cents against 10.47 cents a year ago. Income available for distribution per Stapled Security (after deducting income retained for working capital) for the period was 2.61 cents against 2.64 cents a year ago. For the nine months, the company reported gross revenue of SGD 121,718,000 against SGD 109,358,000 a year ago. Net property income was SGD 101,879,000 against SGD 100,929,000 a year ago. Income available for distribution (before deducting for working capital) income was SGD 85,398,000 against SGD 86,910,000 a year ago. Income available for distribution (after deducting for working capital) was SGD 76,858,000 against SGD 78,219,000 a year ago. Net income was SGD 75,517,000 against SGD 77,966,000 a year ago. Income available for distribution per Stapled Security (after deducting income retained for working capital) annualized was 10.51 cents against 10.76 cents a year ago. Income available for distribution per Stapled Security (after deducting income retained for working capital) for the period was 7.86 cents against 8.05 cents a year ago.

CDL Hospitality Trusts to Report Q3, 2014 Results on Oct 28, 2014

CDL Hospitality Trusts announced that they will report Q3, 2014 results on Oct 28, 2014

CDL Hospitality Trusts (CDLHT) Declares Distribution for the Second Quarter of 2014, Payable on August 29, 2014

CDL Hospitality Trusts (CDLHT) declared distribution for the second quarter of 2014 of 2.5 Singapore cents per security. The book closure of the dividend is August 5, 2014 and the distribution will be paid on August 29, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CDREIT:SP $1.73 SGD +0.015

CDREIT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cambridge Industrial Trust $0.69 SGD -0.005
CapitaMall Trust $1.99 SGD +0.01
Mapletree Industrial Trust $1.52 SGD +0.02
Mapletree Logistics Trust $1.17 SGD 0.00
View Industry Companies
 

Industry Analysis

CDREIT

Industry Average

Valuation CDREIT Industry Range
No financial data is available for CDREIT.
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CDL HOSPITALITY TRUSTS, please visit www.cdlht.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.