No. of Recommendations: 0
Some of the REITs that I have been following (like DRE, EOP, EQR, HCP, HPT, KPA, NXL, PKY, RFS, WRE, etc.) have dividend per share greater than earnings per share. Does this mean that these companies are paying dividends out of their cash reserves, or is it something peculiar with the accounting in the case of REITs?
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