Funds from operations, or FFO, is earnings with depreciation and amortization added back in, making it a key measure of a REIT's performance, The company said it expects 2009 FFO to range between $1.70 to $1.90 per share, well below analysts' current estimate of $2.22 per share. Donnelly also said he believed the dividend will be reduced to 20 cents per share from 44 cents per share effective in this year's second quarter. The company has maintained the 44-cent dividend payable in April, but said its board will continue to evaluate dividends on a quarterly basis as tight credit markets and the weakening economy may require the REIT to preserve cash. On Thursday, Kimco reported a 92 percent plunge in fourth quarter FFO, falling far short of analyst predictions due to heavy impairment charges linked to job cuts and writing down asset values.