BTB Real Estate Investment Trust T.BTB.UN

Btb Real Estate Investment Trust Collected T100% Of RENS!!

[mountainpose]

Btb Real Estate Investment Trust Says Collected 100% Of Contractual Rent During Critical Months Of May To Aug

Sept 29 (Reuters) - BTB Real Estate Investment Trust BTB.DB.G :

* BTB REAL ESTATE INVESTMENT TRUST - COLLECTED 100% OF CONTRACTUAL RENT DURING CRITICAL MONTHS OF MAY TO AUG
(No reason to not expect the same in this QTR. AND expect the Divendend to be increased back to at least per-Covid levels).

* BTB REAL ESTATE INVESTMENT TRUST - AS OF END OF Q3 2020, HAVE NOT RECEIVED ANY ADDITIONAL NOTICES OF CORPORATE RESTRUCTURING FROM ANY TENANT BASE

Source text for Eikon: Further company coverage: BTB.DB.G

[theinvestor22]

Not including Q3 with it's much lower distribution, 10 of the past 14 quarters had a diluted AFFO payout ratio of between 100% and 128% so IMHO covid was just the catalyst for the distribution decrease because it was likely going to happen anyway.  The company seems to be on a much better footing now.  Last Q's payout ratio was 77.3% which is a lot more sustainable and should