Adjusted funds from operations - AFFO
Adjusted funds from operations - AFFO
Adjusted funds from operations, or AFFO, is a non-GAAP measure designed to measure a real estate income trust's, or REIT's, residual cash flow. This is important because REITs use residual cash flow to pay shareholder dividends. There are many ways to calculate AFFO, but a common formula is funds from operations (FFO) less maintenance capital expenditures.
4.72%
4.60%
