CDL Hospitality Trusts (CDLHT) is one of Asia's leading hospitality trusts with assets under management of about S$2.9 billion as at 31 December 2020. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust (H-REIT), a real estate investment trust, and CDL Hospitality Business Trust (HBT), a business trust. CDLHT was listed on the Singapore Exchange Securities Trading Limited on 19 July 2006. M&C REIT Management Limited is the manager of H-REIT, the first hotel real estate investment trust in Singapore, and M&C Business Trust Management Limited is the trustee-manager of HBT.
CDL Hospitality Trusts Dividend Announcement
• CDL Hospitality Trusts announced a semi annually dividend of S$0.03 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-06
• CDL Hospitality Trusts annual dividend for 2024 was S$0.06
• CDL Hospitality Trusts annual dividend for 2023 was S$0.06
• CDL Hospitality Trusts's trailing twelve-month (TTM) dividend yield is 6.67%
• CDL Hospitality Trusts's payout ratio for the trailing twelve months (TTM) is 46.96%
• CDL Hospitality Trusts's dividend growth over the last five years (2018-2023) was -8.34% year
• CDL Hospitality Trusts's dividend growth over the last ten years (2013-2023) was -5.57% year
CDL Hospitality Trusts Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-06 | S$0.03 | semi annually | 2024-08-30 |
2024-02-06 | S$0.03 | semi annually | 2024-02-29 |
2023-08-04 | S$0.03 | semi annually | 2023-08-29 |
2023-02-06 | S$0.04 | semi annually | 2023-02-28 |
2022-08-05 | S$0.02 | semi annually | 2022-08-30 |
2022-02-09 | S$0.03 | semi annually | 2022-03-01 |
2021-08-06 | S$0.01 | semi annually | 2021-08-27 |
2021-02-05 | S$0.03 | semi annually | 2021-02-26 |
2020-08-06 | S$0.02 | semi annually | 2020-08-27 |
2020-02-06 | S$0.05 | semi annually | 2020-02-26 |
2019-08-06 | S$0.04 | semi annually | 2019-08-28 |
2019-02-08 | S$0.05 | semi annually | 2019-02-28 |
2018-08-02 | S$0.04 | semi annually | 2018-08-29 |
2018-02-01 | S$0.05 | semi annually | 2018-02-28 |
2017-08-03 | S$0.04 | semi annually | 2017-08-29 |
2017-02-02 | S$0.05 | semi annually | 2017-02-28 |
2016-08-04 | S$0.04 | semi annually | |
2016-02-03 | S$0.05 | semi annually | |
2015-08-04 | S$0.04 | semi annually | |
2015-02-03 | S$0.06 | semi annually | |
2014-08-01 | S$0.05 | semi annually | |
2014-02-04 | S$0.05 | semi annually | |
2013-08-01 | S$0.05 | semi annually | |
2013-02-04 | S$0.05 | semi annually |
CDL Hospitality Trusts Dividend per year
CDL Hospitality Trusts Dividend growth
CDL Hospitality Trusts Dividend Yield
CDL Hospitality Trusts current trailing twelve-month (TTM) dividend yield is 6.67%. Interested in purchasing CDL Hospitality Trusts stock? Use our calculator to estimate your expected dividend yield:
CDL Hospitality Trusts Financial Ratios
CDL Hospitality Trusts Dividend FAQ
Other factors to consider when evaluating CDL Hospitality Trusts as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CDL Hospitality Trusts's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CDL Hospitality Trusts publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CDL Hospitality Trusts distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CDL Hospitality Trusts are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CDL Hospitality Trusts sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CDL Hospitality Trusts distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CDL Hospitality Trusts declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CDL Hospitality Trusts's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CDL Hospitality Trusts's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.