Last $1.65 SGD
Change Today +0.005 / 0.30%
Volume 1.3M
CDREIT On Other Exchanges
Symbol
Exchange
Singapore
OTC US
OTC US
As of 5:04 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

cdl hospitality trusts (CDREIT) Snapshot

Open
$1.65
Previous Close
$1.65
Day High
$1.65
Day Low
$1.63
52 Week High
04/25/14 - $1.84
52 Week Low
02/5/14 - $1.53
Market Cap
1.6B
Average Volume 10 Days
1.2M
EPS TTM
$0.14
Shares Outstanding
978.8M
EX-Date
08/1/14
P/E TM
11.6x
Dividend
$0.11
Dividend Yield
6.55%
Current Stock Chart for CDL HOSPITALITY TRUSTS (CDREIT)

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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

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Executives, Board Directors

cdl hospitality trusts (CDREIT) Key Developments

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.

CDL Hospitality Trusts Reports Unaudited Earnings Results for the Second Quarter and First Half Ended June 30, 2014

CDL Hospitality Trusts reported unaudited earnings results for the second quarter and first half ended June 30, 2014. For the quarter, the company reported gross revenue of SGD 37,850,000 compared to SGD 35,563,000 a year ago. Net property income was SGD 31,334,000 compared to SGD 32,607,000 a year ago. Net income was SGD 22,603,000 compared to SGD 23,708,000 a year ago. Income available for distribution to holders of Stapled Securities was SGD 27,101,000 or 2.77 cents per share compared to SGD 29,353,000 or 3.02 cents per share a year ago. Income to be distributed to holders of Stapled Securities (after deducting income retained for working capital) was SGD 24,391,000 or 2.50 cents per share compared to SGD 26,418,000 or 2.72 cents per share a year ago. Cash generated from operating activities was SGD 30,236,000 compared to SGD 33,336,000 a year ago. Capital expenditure on investment properties was SGD 5,735,000 compared to SGD 2,311,000 a year ago. Net asset value per unit was 1.6413 cents compared to 1.6350 cents at December 31, 2013. The improvement in the overall gross revenue was mainly attributable to its Maldives resorts. For the first half, the company reported gross revenue of SGD 81,605,000 compared to SGD 73,498,000 a year ago. Net property income was SGD 68,056,000 compared to SGD 67,890,000 a year ago. Income to be distributed per Stapled Security was 5.25 Singapore cents, down 3.0% year on year. Net income was SGD 51,258,000 compared to SGD 52,418,000 a year ago. Income available for distribution to holders of Stapled Securities was SGD 56,974,000 or 5.83 cents per share compared to SGD 56,974,000 or 6.01 cents per share a year ago. Income to be distributed to holders of Stapled Securities (after deducting income retained for working capital) was SGD 51,277,000 or 5.25 cents per share compared to SGD 52,510,000 or 5.41 cents per share a year ago. Cash generated from operating activities was SGD 66,361,000 compared to SGD 64,873,000 a year ago. Capital expenditure on investment properties was SGD 10,110,000 compared to SGD 4,867,000 a year ago. The improvement in the overall gross revenue primarily due to the revenue boost from its Maldives resorts.

CDL Hospitality Trusts, Q2 2014 Earnings Call, Jul 24, 2014

CDL Hospitality Trusts, Q2 2014 Earnings Call, Jul 24, 2014

 

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CDREIT

Industry Average

Valuation CDREIT Industry Range
Price/Earnings 11.4x
Price/Sales 10.1x
Price/Book 1.0x
Price/Cash Flow 11.3x
TEV/Sales 5.3x
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