Analysts are revising FFO down because of
dilutive effect of $100MM new equity and DRIP.
Duh!
From one of my earlier posts:
Borrowing money
to pay out dividends still is stupid. Dilution to
pay out dividends is still stupid. Triggering the
dreaded double tax on $265MM of retained earnings is
still stupid. All this for "better access to capital".
Doc - give up.