Read? CDL Hospitality Trusts - My Analysis
Note: My analysis on CDLHT was completed on 31 October 2014. CDLHT had acquired two new hotels in Japan on 19 December 2014. This is not factored into my research above.
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I admit, I am a yield hog. I salivate at S-Reits that dish out tantalizing distribution yields. Today, I gave in to my guilty pleasure and bought 3 lots (3,000 shares) of CDL Hospitality Trusts ("CDLHT").
CDLHT released their full FY2014 results this morning. Pretty decent, in my humble opinion. In my earlier analysis, I wrote that I do not find CDLHT's performance to be impressive. However, the recent Q4 performance made me sit up and take a second look at this stapled security.
The pros and cons considered are listed at the end of this blog article. What got me on the hook was the announced Distribution per Unit ......