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Real estate investment trust (REIT) W.P. Carey (NYSE: WPC) welcomed 2024 with a dividend cut. The big problem with W.P. Carey today for most investors is the dividend cut at the start of 2024.
W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. [1] The company is organized in Maryland, with its primary office in New York City. [1] As of December 31, 2019, the company owned 1,214 properties in 25 countries leased to 345 tenants.
After 24 years, W.P. Carey's ... Investors were not pleased, but W.P. Carey is hard at work trying to prove that this cut was really just a reset. Here's why this high-yield REIT is still worth ...
That means income-focused investors can reasonably buy W.P. Carey. Still, the stock has a potential downside if Treasuries continue pressuring high-yield stocks or something happens to the economy ...
W. P. Carey's embedded rent growth and record acquisition volume in the fourth quarter give the REIT lots of momentum heading into 2025. It currently expects to deliver between $4.82 and $4.92 per ...
William Polk Carey (May 11, 1930 – January 2, 2012) was an American philanthropist and businessman. He was the founder of W. P. Carey & Co., a corporate real estate financing firm headquartered in New York City, and donated the funds to establish the Carey Business School at Johns Hopkins University, the University of Maryland Francis King Carey School of Law and the W. P. Carey School of ...
WPC earnings call for the period ending March 31, 2017.
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