FAQ: What Is the Difference Between the Raw Unadjusted Dividend Cushion Ratio and the Adjusted Dividend Cushion Ratio?
publication date: Aug 3, 2015
We provide both a raw unadjusted Dividend Cushion ratio and an adjusted Dividend Cushion ratio for MLPs and REITs. The raw unadjusted Dividend Cushion ratio excludes external capital market issuance, while the adjusted Dividend Cushion ratio assumes continued access to required capital. We think both are informative.
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