Mid-America Apartment Communities Vs. W. P. Carey: Why One REIT Dividend Claimed 86% Of Core AFFO
The Print Mid-America Apartment Communities (NYSE:MAA) paid a dividend equal to 86% of second-quarter Core AFFO. W. P. Carey (NYSE:WPC) paid 70% of its reported AFFO. MAA reported Core AFFO of $1.77 a share on
Mid-America Apartment Communities paid out 86% of its profits as dividends to shareholders, while W. P. Carey paid 70%. A higher payout means less money stays in the company to grow or handle surprises.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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