RE:Payout ratio of 116% YoungInvestor91 wrote: How is this sustainable? What am I missing here?
Depends on what payout ratio you are talking about. They pay out based on FFO. First nine months it was $2.32 per unit with a dividend payout of $1.305. That would be a payout ratio of 56.25%. Their target is no higher than 60%.
Cheers.