Far East Hospitality Trust should not be new to readers here as I’ve blogged about this stock on several occasions. I first wrote about investing in the hospitality industry back in April 2017 in this post. I went on to invest in CDL Htrust and Far East Htrust thereafter. Both have been performing well since then and providing good and stable dividends for the past few years.
Let’s focus on Far East Htrust. This company has done well in its latest results which prompted CIMB, OCBC and DBS to write and cover the stock the past few days. Net property income went up 13.9% Q on Q with DPU up 3.1%. With this good set of DPU, dividend yield is now about 6.5% for this stock.
For hospitality stocks, it is important to look at the RevPAR which is the revenue per available room. For Far East Htrust hotels segment, this has