Screaming Buy - Loss of sector interest11.80% eligable dividend return? Today
This resulted in FFO and AFFO pay-out ratios(1) in the first quarter of 77.8% and 83.8%, respectively
If they reduced payout 10% the dividend return would be 10.62%
10% cut in dividend
This resulted in FFO and AFFO pay-out ratios(1) in the first quarter of 70.2% and 75.42%, respectively
If they reduced payout 20% the dividend return would be 9.44%
20% cut in dividend
This resulted in FFO and AFFO pay-out ratios(1) in the first quarter of 62.24% and 67.04%, respectively
Way to cheap and it time management sold a property and put a buyback in place and just started reducing the share count.
MHP
IMHO