Retained earnings from the portfolio’s rental income will fund quarterly dividends.
Although we are scheduled to distribute quarterly dividends, we intend to pay out distributions more frequently. Our payment of dividends all depends on current market conditions, any recent investments or sales, and available cash flow.
By law, REITs like HappyNest must pay out a minimum of 90% of their annual net income to its shareholders. We intend to pay 100% of our annual net income to our shareholders.