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That’s right. Reits are required to pay min 90% to avoid paying the corporate income tax rate of 24%. It’s to attract investors. That’s why we individual investors only pay tax rate of 10% for reits. Besides, reits must pay the earning dividends to their unit holders either in semiannually or quarterly.
this is cinapress la. read the company announcement they changed to pay out dividend semi-annual from every quarter. Do some homework and read validated news. May 2020 no dividend not because of suspension, but because change dividend payout policy only.