Hospitality S-REIT
CapitaLand Ascott Trust (HMN)
A Singapore-listed hospitality REIT (S-REIT) sponsored by CapitaLand. Every figure below comes from HMN's own published results, each with its date — a factual data page, not a recommendation.
Distribution yield
7.14%
Based on the 14 Aug 2026 price of S$0.855.
HMN's regular payouts over the last 12 months, divided by its latest unit price — one-off specials and future-period advances excluded. Full method at /reits/methodology/.
Check the current live quote at CapitaLand's investor relations site ↗
Next distribution: no announced payment on record
Payment history
HMN pays twice a year; its most recent recorded payout was on 28 Aug 2026.
Last checked against the issuer's page on 30 Jul 2026 — this check is overdue; verify against the issuer page.
Distributions are not guaranteed and can change.
Key metrics
- Unit price
- S$0.855
- Price vs book value (P/NAV)
- 0.74x
- How much it borrows (gearing)
- 37.7%
- How easily it covers its interest (ICR)
- 2.9x
- Market cap
- S$3.3B
- Distribution frequency
- semi-annual
as of 14 Aug 2026
Book value (NAV) S$1.15 as of 30 Jun 2026 · under 1.0 means trading below book value
as of 30 Jun 2026 · debt as a share of assets · MAS applies a 50% aggregate leverage limit to all REITs
as of 30 Jun 2026
price × units outstanding
Payout history (DPU)
Every payout per unit (DPU) HMN has disclosed in our record, most recent first, each linking back to its source document. The yield above counts each period's full regular payout over the last 12 months — a placement advance is folded into its own period, while one-off specials and advances for a future period (shown separately below) are left out.
What this yield doesn't tell you
- Yield is not total return. HMN's total return also depends on the change in unit price, which this figure ignores.
- Distributions (DPU) are not guaranteed the way a bond coupon is — the REIT manager can cut the distribution per unit if income or capital conditions require it.
- Unit prices generally fall when interest rates rise, since REITs compete with bonds for income-seeking capital and are typically leveraged.
- An unusually high yield can signal distress — the market may be pricing in a distribution cut or refinancing risk (a "yield trap"), not a bargain.
- HMN is not capital-guaranteed and is taxed differently from SGS/SSB: SGS and SSB interest paid to individuals is tax-exempt in Singapore, while REIT distributions run a separate regime that depends on the component (taxable, tax-exempt, or capital). See iras.gov.sg for the current rules.