nearly a billion in divvy paid in 2014-- totally uncalled for given that the coverage ratio is barely over 2 & cas would be better deployed in the operations am a bondholder & the debt has been selling as low as 91-- shame on mgt
re: anticipated ffo from acquisition just announced. Looked thru the 8/15 presentation & find the dividend payout % of ffo to be in line with that of OHI a larger player. I will contact IR next week on this. db
yahoo shows him with holdings of several hundred thousand shares
wouldn't you know. finally sold yesterday am took 1 hour to accomplish limit order-- then what happens-- moves up most of balance of day. Still hold some as well as floating rate etf.