CapLand Ascott Trust has seen a notable uptrend, closing at 96.5 cents, and is expected to continue its upward momentum. With the Full Year results set to be released on 29 January, investors are eagerly anticipating the dividend payout, which could further boost its performance. The trust may potentially reach 1.01 and then 1.05, driven by its strong fundamentals. Estimated Distribution Per Unit (DPU) is expected to range between 4-4.5 cents. As always, do your own due diligence (DYODD) before making any investment decisions.
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