TSX:MRT.DB.A - Post by User
Post by
apollojeticon Oct 27, 2021 4:53pm
217 Views
Post# 34056303
Payout ratio now at about 30%
Payout ratio now at about 30% And a very small 2 cents divy per month. They have to think about increasing the dividend. They are holding back too much cash IMO. Do something to get the share price moving.
SUMMARY OF OPERATIONS
| In thousands of dollars, except per-unit amounts | Three Months Ended September 30, | Nine Months Ended September 30, |
| 2021 | 2020 | 2021 | 2020 |
| Revenue from real estate properties | $58,760 | $60,596 | $178,205 | $186,269 |
| Net operating income | 30,407 | 28,497 | 90,440 | 90,525 |
| Fair value losses on real estate properties | (7,382) | (101,415) | (42,668) | (333,962) |
| Net income/(loss) | 6,676 | (88,116) | 5,681 | (289,485) |
| Funds from operations | 16,567 | 14,367 | 50,943 | 47,477 |
| Adjusted funds from operations | 12,162 | 11,451 | 37,576 | 35,214 |
| Amounts presented on a per unit basis | | | | |
| Net income/(loss) – basic | $0.10 | ($1.41) | $0.09 | ($4.70) |
| Net income/(loss) – diluted | $0.10 | ($1.41) | $0.09 | ($4.70) |
| Funds from operations – basic | $0.26 | $0.23 | $0.79 | $0.77 |
| Funds from operations – diluted | $0.26 | $0.23 | $0.78 | $0.76 |
| Adjusted funds from operations – basic | $0.19 | $0.18 | $0.59 | $0.57 |
| Adjusted funds from operations – diluted | $0.19 | $0.18 | $0.59 | $0.57 |
| Distributions per unit | $0.06 | $0.12 | $0.20 | $0.52 |