3.6% Dividend Payer DDR Corp. May Be A Troubled Company
- DDR grew FFO 3.7% year over year to $0.28 per diluted share. It pays a 3.6% dividend ($0.62 per share annually), which is a 15% increase over 2013.
- However, the retail industry in general is moving to more online retailing. This means slower growth or even shrinkage of the mall space that DDR is in.
- Further DDR's strategy, while good, has apparent road blocks ahead. This almost has to mean lower growth and eventually lower earnings performance. Read more for some interesting details.