RE:RE:RE:RE:RE:RE:RE:Once again, nice time to buyYou are correct - Sienna operates like a REIT :
Adjusted Funds From Operations - AFFO payout ratio was 99.2% for Q2 2022.
They pay out almost all funds and adjust that ratio as needed.
- AFFO per share increased by 12.4% to $0.236 per share, compared to Q2 2021. The increase was primarily due to an increase in OFFO, as well as lower maintenance costs as a result of timing of expenses.