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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: bruwin who wrote (67031)	4/2/2021 2:20:11 PM
From: E_K_S	Respond to of 78774

That should then also result in a Positive Contribution to its Balance Sheet. As things stand MAC's "Retained Income" has got more and more Negative over the last 5 years due to regular losses ...... I believe you see very small (if not negative) Retained Earnings is because of the special tax treatment/consideration that is required for the company to maintain their "REIT" status. REITs are required to pay out at least 90% of their taxable income to shareholders annually. The reason why REITs are on the hook for paying out dividends, even if their cash flow dries up or falls sharply, involves accounting rules. (Note: REITs are required to pay out at least 90% of taxable income to shareholders in order to avoid corporate taxes, and depreciation is used to reduce the REIT's taxable income.)