Q1 cash distribution Let's get straight to the numbers.
Cash available for distribution increases to $ 20,740 compared to $12,807. Net income increases to $13,086 compared to $10,674. If we annualize these totals we get an earnings yield of 10.8% and a cash yield of 17.1%!
Long and short term debt increased from $ 196,042 to $240,079 but earnings and cash is sufficient to cover these costs.
As usual, a fantastic quarter.