ASX:RFFSpecialized REITs
Rural Funds Group (ASX:RFF) Shares Eye Value As AFFO Stalls
Rural Funds Group slipped 4.1% over the past week to close at A$2.09, even as its latest result put a very different spotlight on the story. The headline is not the share price. It is that adjusted funds from operations, the key cash earnings gauge for real estate investment trusts, landed at A$45.4 million with distributions essentially fully paid out at A$0.1173 per unit.
In the short term, that looks like a flat year and the market has treated it that way. The main question is whether...