W. P. Carey Inc. Stock News

Investors may have written this REIT off after it cut its dividend. However, it's become a compelling buy with a juicy and now-trustworthy 6.4% yield.

Got $5,000? These 5 High-Yield Dividend Stocks Could Turn It Into More than $330 of Annual Passive Income.

The end of the U.S. election season is beginning to bring clarity to the U.S. and global economic outlook for the next year. I discuss seven major trends that should drive much of the high-yield market narrative in the coming year. I share my two favorite 7%-yielding blue-chip dividend growth stocks in light of these trends.

W. P. Carey has completed its portfolio transformation, divesting office assets and focusing on industrial properties, enhancing dividend safety and growth potential. The trust boasts a 99% lease rate and solid same-store rental growth, positioning it well for future AFFO growth. With a competitive AFFO multiple and a 6% yield, WPC offers compelling value for passive income investors.

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC, the "Company") announced today that it has priced an underwritten public offering of €600 million aggregate principal amount of 3.700% Senior Notes due 2034 (the "Notes").

Blue-chip REITs rallied hard between early July and late October. However, they have recently pulled back. We discuss why, and we also share our top REIT pick of the moment.

These companies pay lucrative dividends.

Is a 15% yield better than a 6% yield? If all you care about is size, sure.