ASX:ASKSpecialized REITs
Did Surging Earnings and a Full Payout Target Just Shift Abacus Storage King's (ASX:ASK) Investment Narrative?
Abacus Storage King recently reported its results for the year ended June 30, 2025, with revenue rising to A$225.36 million and net income growing to A$289.05 million, along with updated fiscal year 2026 distribution guidance targeting a 90%-100% payout of funds from operations and a fully franked dividend component.
This combination of significant earnings growth and an ambitious payout target underscores management's confidence in the business’s current cash flow sustainability and...