NYSE:CHCTHealth Care REITs
Community Healthcare Trust (CHCT) Stock Sinks After Dividend Cut Clouds FFO Stability
Community Healthcare Trust stock just dropped 13.1% to US$15.39, capping a tough run over the last week and quarter, yet the core cash story looks more resilient than that move suggests. The headline from this earnings release is not earnings per share. It is the real estate investment trust engine of Funds From Operations and Adjusted Funds From Operations, with second quarter FFO of US$13.2m and AFFO of US$15.4m holding firm while the company resets its dividend policy.
Is Community...