AFFO
Adjusted funds from operations — common REIT cash earnings metric.
Definition
AFFO (adjusted funds from operations) is a REIT cash-flow style metric often used instead of GAAP earnings for yield ceilings. Pair annual AFFO per share with a target AFFO yield to estimate a personal buy limit.
Tools and guides
Related terms
- Dividend yield— Annual distributions divided by price paid.
- Price ceiling— Your personal maximum buy price for a holding.