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Replies to post #293 on EOS Preferred Corp Series D Pfd (fka EOSPN)

Replies to #293 on EOS Preferred Corp Series D Pfd (fka EOSPN)
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h_man_investor

12/21/11 8:18 AM

#295 RE: Rockyp_cigar #293

Does not. The only covenant is the dividend restriction agreement and REITs can only pay out income- so if there isn't enough net income to cover the dividend they can't pay it out.