Considering the REIT in the question above, at the very least what dividend payment must it make to maintain its tax exempt status?

Name: Considering the REIT in the question above, at the very least what dividend payment must it make to maintain its tax exempt status?
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Quizplus · Accepted Answer

The REIT must distribute at least 90% of its taxable income to shareholders in order to maintain its tax-exempt status. In this case, the REIT's taxable income is $2.10, so it must distribute at least $1.90 to shareholders.

Considering the REIT in the Question Above, at the Very