TSX:AX.PR.E - Post by User
Comment by
stocktalkon May 11, 2017 12:11am
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Post# 26229686
RE:RE:1st qtr
RE:RE:1st qtrBagofhammers - (5/8/2017 8:01:02 PM) said : AFFO is at 100% which means it is at the ceiling. I was looking at getting into to this one, but I will have to reconsider after reading their latest financials.
Not sure why the share price would go up based upon this. Doesn't make sense.
Not to worry, as long as dividends are re-invested in more shares and not cash. AFFO payout
will be lower as we grow with more developments and lease increases.
Just sit back and collect the juicy dividend.