RE:Looks ok but???I see nothing in the 2 M&As referring to this occurrence... maybe it's an accounting thing as there has been new stores added, deleted and other stuff...
I don't like when companies that refer to the results of a year previous, which is most reports, especially in cases where a lot has changed in a year like pandemic recovery.... some companies show the Q/Q reports of 6-10 quarters so you can really see the movements very easily. It's not done often enough.
They show the payout as solidly covered tho they note that we had the extra catch-up payment from Mr. Mikes included. I don't know if Mr. Mikes has anymore deferred payments coming, but we do have a couple upcoming increases in royalty rates. Next quarter might be flatter to a mild increase on what we seen here. But end of Summer to late year are setting up to be big quarters I believe.
Because of the DRIP effects distributable cash per share growth number is slowing down, the distributable cash is rising, but so is the share count as a result, tho still rising positively.