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Dividends
On December 10, 2020, the Company declared a regular quarterly cash dividend of $0.33 per share, representing a 10.9% increase year over year. The Q4 2020 dividend was paid on January 7, 2021 to stockholders of record as of the close of business on December 23, 2020 and it totaled in aggregate approximately $177.0 million.
2021 Guidance
The Company is providing estimated AFFO guidance for the full year 2021. The Company estimates AFFO for the year ending December 31, 2021 will be between $1,010.0 million and $1,035.0 million, or between $1.82 and $1.87 per diluted share. These per share estimates reflect the dilutive impact of the pending 26,900,000 forward sale shares, assuming settlement and the issuance of such shares on June 17, 2021, the maturity date of the agreement, and the dilutive effect prior to the expected settlement date as calculated under the treasury stock method. These estimates do not include the impact on operating results from any pending or possible
Real Estate Investment Trusts (REITs) are a new asset class in the Indian financial market that offers exposure to income-generating commercial real estate
THE STANDARD By
Peter Theuri |
February 18th 2021 at 07:35:00 GMT +0300
Qwetu student hostels on Ring Road, Nairobi. [Jonah Onyango, Standard]
Many on-campus living quarters for students are not known for comfort; they are spartan at best.
But this perspective is changing, with developers pulling all stops to make the experience for university and college students as comfortable as possible.
One such firm is Acorn Holdings Africa, the developer behind Qwetu purpose-built student accommodation facilities that promises to give residents “a home away from home.”
According to Acorn, the idea was informed by the need to address students’ changing needs and rising demand for premium student accommodation facilities.