Allied Properties Real Estate Investment Trust T.AP.UN

Perspective, 3rd vs 4th Q

[spacegimp]

"In the third quarter, Allied’s FFO per unit(1) was 59.8 cents, up from 58.8 cents in the prior quarter. AFFO per unit(1) was 54.5 cents, up from 53.6 cents in the prior quarter. This resulted in FFO and AFFO pay-out ratios(1) in the third quarter of 75.3% and 82.6%, respectively."


things improved on all fronts 
the write downs ... big deal , we all knew that was coming 

[nedstar71]

Yup, the property values have obviously dropped and those write downs were expected.  This traded today on the headline number paper loss and the shoot first read the details after sentiment. TD's comments are  correct.    Do enjoy the 'dividend cut' crowd who always tend to pile on during these selloffs. Great buy here and dividend is quite safe unless things turn