Jeong-Mo Goo - Benzinga

Articles by Jeong-Mo Goo

Blue Owl Technology's $800M Financing Run Puts Dividend Coverage In Focus

Blue Owl Technology's $800M Financing Run Puts Dividend Coverage In Focus

The Print Blue Owl Technology Finance Corp. (NYSE:OTF) closed a $150 million private placement of 7.60% senior unsecured notes due September 3, 2032, on September 4. The deal was the company’s third financing since

How AHR’s $873M Kensington Deal Could Shift Its Dividend Payout Ratio

How AHR’s $873M Kensington Deal Could Shift Its Dividend Payout Ratio

The Print American Healthcare REIT, Inc. (NYSE:AHR) has closed six of the eight senior housing communities in its $873 million Kensington Senior Living portfolio. The first closings total approximately $572 million

Mid-America Apartment Communities' 8.5% Preferred Stock Redemption Seen As Accretive To Core FFO-Per-Share

Mid-America Apartment Communities' 8.5% Preferred Stock Redemption Seen As Accretive To Core FFO-Per-Share

The Print Mid-America Apartment Communities, Inc. (NYSE:MAA) plans to redeem all of its outstanding 8.50% Series I cumulative redeemable preferred stock on Oct. 1. The redemption replaces a fixed preferred dividend

Saratoga Investment Pushes Debt Maturity To 2031, But Dividend Coverage Remains Under Pressure

Saratoga Investment Pushes Debt Maturity To 2031, But Dividend Coverage Remains Under Pressure

The Print Saratoga Investment Corp. (NYSE:SAR) has pushed one large 2027 maturity out to 2031, but the refinancing does not remove the pressure visible in its latest dividend math. The business development company

How Ryman's $1.38B Grande Lakes Deal Shifts The Dividend Math

How Ryman's $1.38B Grande Lakes Deal Shifts The Dividend Math

The Print Ryman Hospitality Properties, Inc. (NYSE:RHP) has now raised both equity and debt for its pending $1.38 billion acquisition of Grande Lakes Orlando. The company closed a 5,865,000-share common-stock

How The Prologis-SEGRO Deal Could Change The Dividend Payout Dynamics

How The Prologis-SEGRO Deal Could Change The Dividend Payout Dynamics

The Print Prologis, Inc. (NYSE:PLD) is heading toward its recommended $18.8 billion acquisition of SEGRO plc (OTC:SEGXF) with a 68.4% dividend payout against the midpoint of its current 2026 Core FFO guidance. The

Public Storage Vs. Extra Space: A Dividend Comparison

Public Storage Vs. Extra Space: A Dividend Comparison

The Print Public Storage (NYSE:PSA) and Extra Space Storage Inc. (NYSE:EXR) both raised full-year 2026 Core FFO guidance when they reported second-quarter results, but their annualized dividends claim different

Equinix Vs. Digital Realty: Why Dividend Payout Ratios Aren't Created Equal

Equinix Vs. Digital Realty: Why Dividend Payout Ratios Aren't Created Equal

The Print Equinix, Inc. (NASDAQ:EQIX) and Digital Realty Trust, Inc. (NYSE:DLR) each raised full-year 2026 guidance in earnings releases six days apart, and each dividend now sits against a different share of that

SBA Vs. Crown Castle: What Their Debt Tables Actually Say

SBA Communications Corporation (NASDAQ:SBAC) and Crown Castle Inc. (NYSE:CCI) both use anticipated repayment dates, or ARDs, in disclosures for securitized tower debt. The convention applies to very different portions

VICI Vs. GLPI: 73% And 80% Payouts, One Refinancing Already Priced

VICI Vs. GLPI: 73% And 80% Payouts, One Refinancing Already Priced

Two gaming landlords reported within a day of each other, and the distance between their dividends is easy to state. What sits underneath is not the same measurement twice. VICI Properties Inc. (NYSE:VICI) annualized

Agree Realty Vs. NNN REIT: Two 70% Payouts, 4x Unsettled Equity

Agree Realty Vs. NNN REIT: Two 70% Payouts, 4x Unsettled Equity

The Print Agree Realty (NYSE:ADC) and NNN REIT (NYSE:NNN) entered the second half with annualized dividend payout ratios separated by less than half a percentage point. Agree’s $3.204 annualized dividend equals

Mid-America Apartment Communities Vs. W. P. Carey: Why One REIT Dividend Claimed 86% Of Core AFFO

Mid-America Apartment Communities Vs. W. P. Carey: Why One REIT Dividend Claimed 86% Of Core AFFO

The Print Mid-America Apartment Communities (NYSE:MAA) paid a dividend equal to 86% of second-quarter Core AFFO. W. P. Carey (NYSE:WPC) paid 70% of its reported AFFO. MAA reported Core AFFO of $1.77 a share on

UPS Vs. FedEx: Why One Dividend Claimed 99% Of Free Cash Flow

UPS Vs. FedEx: Why One Dividend Claimed 99% Of Free Cash Flow

The yield gap starts with a cash claim. Last year, UPS’s dividend consumed nearly all of its adjusted free cash flow. United Parcel Service (NYSE:UPS) has finished shrinking its Amazon business. Now it has to show

AT&T And Verizon: The Higher Yield Has The Thinner Cushion.

AT&T And Verizon: The Higher Yield Has The Thinner Cushion.

Agree Realty And Global Net Lease: One Yields 4%, One Yields 8%. The Balance Sheet Sets The Spread.

Agree Realty And Global Net Lease: One Yields 4%, One Yields 8%. The Balance Sheet Sets The Spread.

Covered, Not Collected: PIK Income And The Q1 2026 BDC Distribution Stack

Blackstone Mortgage And Starwood: Similar Reserves, Different Structures

American Tower And Crown Castle: One Has Cushion, One Needs It

American Tower And Crown Castle: One Has Cushion, One Needs It

Kinder Morgan: 2x On Company's Math, 1.06x After Capital

Goldman Sachs BDC And Ares Capital Both Held Their Dividends, But Only One Is Earning It

Goldman Sachs BDC And Ares Capital Both Held Their Dividends, But Only One Is Earning It