10-30-2014, 09:23 AM
10-30-2014, 09:58 AM
(10-30-2014, 09:23 AM)Lewys120 Wrote: [ -> ]Why on earth are they paying a dividend whilst making a loss of 63c a share?
Can anyone enlighten me?
It seems crazy.
You need to look at Funds From Operations "FFO" for REIT's rather than earnings per share "EPS" that you use for normal equities.
10-30-2014, 10:11 AM
Isnt it the (A)FFO numbers thats unreliable?
Quote:American Realty Capital said it overstated its adjusted funds from operations, a common measure of REIT performance that shows a trust’s net income, by $12 million, or 8.8%, for the first three months of 2014, and by about $10.9 million, or 5.6%, for the three months ending June 30, 2014.