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Stock impact report

American Assets Trust: Dividend Coverage Slips [Seeking Alpha]

American Assets Trust, Inc. (AAT) 
Last american assets trust, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Seeking Alpha
AAT's fiscal 2025 fourth quarter FFO of $0.47 per share fell year-over-year, with 2026 guidance indicating only modest growth at the midpoint. Dividend coverage against FAD dropped to 90.4% in the fourth quarter, with management signaling intent to maintain payouts despite insufficient coverage. I rate AAT as a hold; yield is attractive but not high enough to offset deteriorating fundamentals and elevated market vacancy risks. Art Wager/E+ via Getty Images American Assets Trust's ( AAT ) lack of dividend coverage in a macro environment where its core office assets continue to see elevated vacancy rates has materially heightened the risk profile of the investment-grade rated This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensa Show less Read more
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