3 Things You Need To Know About Frasers Hospitality Trust

Key Highlights:

  • Frasers Hospitality Trust (SGX: ACV)'s 4Q19 DPU dropped 4.1%

  • The annualised yield and price to book ratio are 6.4% and 0.98 respectively

1. Dividends

Net property income grew +2.3% to $30m. Its portfolio has improved across all countries except Australia. However, 55% of its net property income was eroded by weaker AUD and GBP.

The annualised yield is 6.4%. The REIT has not been performing over the years. Both the price and DPUs of the REIT has been in the downtrend.

Source: reitscompass's REITs Insider ratings

2. Portfolio

Portfolio occupancy remains high at 90%. The portfolio leverage is currently at 35.1%. The interest cost is 2.5%, 68.9% of its loans are on a fixed rate.

It is currently trading at a price to book ratio of 0.98.

3. Growth Catalyst

Frasers Hospitality Trust has a diversified portfolio across six countries.