A Look at Ascendas Hospitality Trust's 4Q FY2016/17 Result

Ascendas Hospitality Trust announced it's 4Q FY2016/17 results on 11 May 2017. Here's a quick overview of their Presentation slides.

Portfolio consists of 11 hotels in 4 countries

DPU increases by 5.4% for 4Q FY2016/17. 😀

4Q FY2016/17 Results look Good

Full Year FY2016/17 Results Look Good Too!

Improvement in 3Q and 4Q Results compared to Previous Year

Singapore's Park Hotel Performance looks bad as shown below.

Gearing still looks healthy and NAV has increased to $0.92. Current value as at 15 May 2017's Closing Price was $0.80.

Overall Portfolio Valuation has increased.

The complete Presentation slides can be downloaded here if you are interested.

Distribution for the period 1 October 2016 to 31 March 2017 is 3.01 cents per stapled security. ExDate is 17 May 2017. Date of Distribution is 16 June 2017. Distribution is semi-annual.

I bought Ascendas Hospitality Trust's shares last year in July. My purchase price was $0.715. Based on full year's distribution of 5.68 cents for FY2016/17, my dividend yield will be 7.94%. If based on today's closing price of $0.80, the yield is 7.1%. I am happy with the yield that I am getting. The current price is also below the NAV of $0.92 so I will hold for now. 😀