REIT Dividends
Posted: May 22nd, 2020, 11:04 am
Following up a post on HYP-P
viewtopic.php?f=15&t=23558
I suppose that shows up the rule which says that to maintain REIT status, most of the rental income has to be distributed by way of PIDs.
Some long established property companies like Land Securities which adopted REIT status perhaps for tax reasons have followed much of the rest of the UK Stock Market in cutting, cancelling or postponing dividends. They presumably have sufficient losses or expenses they can plausibly allocate against rental income
viewtopic.php?f=15&t=23558
moorfield wrote:and further down the list, a lot of REITs it seems
Ferrexpo 11.5%
Genel Energy 10.8%
...
I suppose that shows up the rule which says that to maintain REIT status, most of the rental income has to be distributed by way of PIDs.
Some long established property companies like Land Securities which adopted REIT status perhaps for tax reasons have followed much of the rest of the UK Stock Market in cutting, cancelling or postponing dividends. They presumably have sufficient losses or expenses they can plausibly allocate against rental income