I’m trying to find the AFFO Payout Ratio for REITs. Bloomberg has the AFFO Payout Ratio, but for a lot of the REITs it’s N/A. Presumeably the AFFO Payout Ratio is N/A because the capital expenditures exceed the Funds From Operation (FFO), creating a negative AFFO. Is it normal for a REIT’s capital expenditures to exceed the FFO? If so, how is the the REIT sustainable if it’s paying out more than it’s bringing in?
ponzi scheme - raise new equity to pay off old equity holders (in the form of dividends)
I have said this time and time again but nobody thinks its true including the ppl here who cover RE. one look at the financial statements and that should be apparent at least to me. or…i’m just an idiot who can’t get hot classy babes with nice calfs…
hot classy babes want men who can give them real estate…perhaps if you have some RE you can ponzi them
Many REITs do not explicitly report AFFO (there’s no requirement to do so); in those cases, Bloomberg just shows N/A. It’s not some elaborate coverup.