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Sun Communities Inc. Message Board

  • cantgthrtondirt cantgthrtondirt Nov 8, 2007 10:10 AM Flag

    DIVIDEND CUT? ffo is .03 less than '06

    is 3 cents drop indicative of dividend cut? Action says some think so.(Trailertrash can respond also)

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    • "For the nine months ended September 30, 2007, total revenues increased 3.5 percent to $174.8 million, as compared to $168.9 million for the same period in 2006. FFO(1) increased to $41.0 million, or $2.02 per diluted share/OP Unit, for the nine months ended September 30, 2007, from $39.5 million, or $1.97 per diluted share/OP Unit, for the same period in 2006."
      from news release

      2.02 - 1.97 = .05 better.
      we need less trailer trash and more solid homeowners.
      same old cruddy mgt in charge. what do u think of getting new mgt to clean up the place and rejuvenate it?

 
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