TSX:NRR.UN - Post by User
Post by
DanielDardenon Nov 14, 2023 3:50pm
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Post# 35735270
Q3 Payout Reported
Q3 Payout Reported I For the twelve months ended September 30, 2023, the AFFO payout ratio of 139.5% was higher than 99.5% for the twelve months ended September 30, 2022. The AFFO payout ratio is calculated using a trailing twelve month period, which therefore does not reflect the annualized impact of the distribution reduction in June 2023. For the three months ended September 30, 2023, distributions declared in this period represented 86.6% of AFFO. See also “Distributions to Unitholders” for further discussion of Northview’s distributions.
Try reading the 2nd last sentence, twice if you need to. Please correct your misleading post. Thanks.