Uniti Grp. Inc. (UNIT)

[wshaw14]

In my humble opinion, you are missing some very important points. Distributable cash flow, Net Profit, and Net Profit (excluding Capital gains are three completely different things. Reits normally base their distributions on DCF(which adds back items like depreciation) which makes their dividend often exceed their net profits. " a provision generally limiting our ability to pay future cash dividends to an amount that does not to exceed 90% of our taxable income (excluding capital gains)" Clearly states "Taxable income (excluding capital gains", so that is the only basis they can now use. You can choose to use this info and do your research on their Taxable income minus capital gains, or not to. I wish you good luck and do not seek to influence your decision. Just want to give facts.