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Far East Hospitality Trust logs YOY dip in Q2 distribution

Far East Hospitality Trust declared a second-quarter distribution per stapled security of 0.97 Singapore cents, down from the 1.01 cents distributed for the year-ago period.

The dividend will be paid Sept. 20 to security holders on record as of Aug. 15.

As of Aug. 3, US$1 was equivalent to S$1.36.