Far East Hospitality Trust (FEHT) reported their Q4 FY18 results this morning which shows Gross Revenue coming in 12.4% higher year on year and income for distribution 4.9% higher. As a result, DPU for the 4th Quarter was up 3.1% year on year from 0.97 cents to 1 cents. If we annualized the Q4 DPU, we will get 4 cents for the full year, which translates into 6.2% dividend yield. Operational PerformanceI was more interested in their operational performance, which is really key to the underlying distribution growth at the end of the day. They have registered strong operational growth, with four consecutive quarters of year on year growth in their Revpar, creeping up from $136 last year to $144 this year. Occupancy levels have also increased from 87.5% last year to 89.1% this year. This could be due to the lower supply and higher demand this year
About The Author
My name is Brian and I am the author of this blog you are reading which touches on personal finance and investing related matters. Thus far, I have written over 650 articles since I started back in 2011 and my passion towards educating to become a better investor remains strong.
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