AFIN - American Finance Trust: 7.375% Shares Are Still Attractive Thanks To Superior Dividend And Asset Coverage Ratio
- American Finance Trust's preferred shares are in good shape thanks to AFIN's strong balance sheet and FFO.
- AFIN continues to sell its own shares (and preferred shares) on the market, which further boosts the equity side of its balance sheet.
- I own AFINO and I'm not chasing the stock here as I already have a full position, but I would for sure add on weakness.
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American Finance Trust: 7.375% Shares Are Still Attractive Thanks To Superior Dividend And Asset Coverage Ratio