REP ram essential services property fund

DPS vs FFO

  1. 21 Posts.
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    Was wondering if someone more enlightened than I could help me in understanding the results posted by REP - it appears that their distributions per security are consistently higher than their funds from operations?

    eg. in the recent Feb 2023 results presentation, they are forecasting FFO of 2.76 cents per security and planning a distribution of 2.90 cents per security. Likewise in HY22 it was FFO 1.06 vs DPS of 1.09

    Does this imply the current distribution is unsustainable, and pushing the company further into debt to pay these distributions, or am I missing something in my understanding of the reporting?
 
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Last
61.0¢
Change
-0.015(2.40%)
Mkt cap ! $305.7M
Open High Low Value Volume
62.5¢ 65.0¢ 61.0¢ $748.1K 1.204M

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No. Vol. Price($)
2 3427 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.5¢ 29210 2
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Last trade - 16.10pm 12/08/2025 (20 minute delay) ?
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