W. P. Carey(WPC)
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W. P. Carey: Staying The Course With This Name
Seeking Alpha· 2024-11-25 12:50
One thing that I really appreciate about REITs is that they offer all sorts of opportunities for investors who have different interests. You can find some dedicated to casinos. You can find some dedicated to telecommunications assets. You can findCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, ...
Where Will Ultra High-Yield W.P. Carey Be in 3 Years?
The Motley Fool· 2024-11-24 12:00
Dividend investors were shocked when W.P. Carey (WPC 0.44%) announced that it would be cutting its dividend in late 2023. The decision came after 24 consecutive years of dividend increases and was tied to its rip-the-bandage-off move to exit the office sector.At this point, Wall Street may be too downbeat on W.P. Carey's future, considering that it trades with a well-above-average dividend yield. Let's take a closer look at W.P. Carey's prospects over the next three years.The yield is the key factor with W. ...
1 High-Yield Dividend Stock Down More Than 15% to Buy and Hold for Decades of Passive Income
The Motley Fool· 2024-11-22 09:18
W.P. Carey (WPC 0.46%) currently sits more than 15% below its 52-week high. The weakness in its share price is a big reason the real estate investment trust (REIT) offers a dividend yield above 6%. That's multiples higher than the S&P 500's dividend yield, which currently sits near a 20-year low at 1.2%. The diversified REIT's high-yielding dividend should steadily rise in the future. That makes it an excellent stock to buy and hold for dividend income in the decades ahead.Rebuilding the foundationW.P. Care ...
1 Magnificent High-Yield REIT Stock Down 39% to Buy and Hold Forever
The Motley Fool· 2024-11-19 11:22
Core Viewpoint - W.P. Carey has become an attractive investment opportunity despite a recent dividend cut, now offering a reliable 6.4% yield, which is appealing in the current market for dividend stocks [1]. Group 1: Company Overview - W.P. Carey is a real estate investment trust (REIT) that must distribute at least 90% of its income to shareholders to avoid corporate income tax [2]. - The company has a diversified portfolio, owning approximately 1,430 properties and leasing to 346 tenants, focusing on single-tenant commercial properties [6]. - Its properties are split roughly 2-to-1 between North America and Europe, with no single tenant contributing more than 2.7% of its rental income [7]. Group 2: Dividend and Financial Performance - The company cut its dividend due to significant exposure to office properties, which faced challenges post-COVID-19, accounting for about 16% of its rental income [3]. - W.P. Carey has resumed dividend increases, although it will take time to return to previous dividend levels, with analysts expecting funds from operations (FFO) growth at a low to mid-single-digit rate in the coming years [4]. - The current dividend payout is 76% of the estimated FFO per share, indicating that the company can comfortably afford its current dividend [8]. Group 3: Market Context - The stock price of W.P. Carey is down nearly 40% from its high, primarily influenced by rising interest rates rather than the safety of its dividend [10]. - High 10-year Treasury rates make borrowing more expensive for REITs and reduce their attractiveness compared to other high-yield investments [11]. - The recent dividend cut and high interest rates have contributed to the stock's decline, but the company remains well-positioned for future growth due to its diversified property and tenant base [9][12].
W. P. Carey: You'll Regret Not Picking Up This 6% Yield
Seeking Alpha· 2024-11-15 11:04
Core Insights - The article emphasizes the importance of innovation and disruption in the financial sector, particularly focusing on high-tech and early growth companies [1] Group 1: Investment Focus - The company is keen on identifying growth buyouts and value stocks as potential investment opportunities [1] - There is a strong emphasis on monitoring the pace of technological advancements within the industry [1] Group 2: Research and Analysis - The article aims to provide readers with comprehensive research and insights into current events affecting the industry [1]
W. P. Carey Inc. Announces Pricing of €600 Million of Senior Unsecured Notes
Prnewswire· 2024-11-12 21:05
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"). The Notes were offered at 98.880% of the principal amount. Application has been made for the Notes to be admitted to the Official List of the Irish Stock Exchange plc, trading as Euronext Dublin, and traded on the Global Exchange Market of Euronext Dublin; any listing is ...
W. P. Carey: Buy The Dip Hand Over Fist
Seeking Alpha· 2024-11-08 15:43
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.The great thing about the stock market is that there is always something on sale, in both bull and bear markets alike. Even after the market surged on a Trum ...
W.P. Carey Q3 Earnings: Real Problems Lead This REIT To Trade At An Attractive Discount
Seeking Alpha· 2024-11-01 21:48
Despite success across the net lease sector ( NETL ) over the past several months, some net lease REITs have fallen behind. Over the past month, the net lease sector began to report earnings for the third quarter of the year. The divergence in performanceREITer's Digest is a discussion forum for my thoughts on investments. I spent more than ten years working in the real estate industry, including an S&P500 REIT and a Big Four consulting group. I am light-hearted, open-minded, and a student of the game. Inve ...
From Dividend Reset to Recovery: W.P. Carey's Strategy for Winning Back Wall Street's Trust
The Motley Fool· 2024-11-01 10:40
What do you do after a dividend cut? Get right back on the dividend growth path.After 24 years, W.P. Carey's (WPC -0.84%) streak of annual dividend increases was about to hit an important milestone. However, the real estate investment trust (REIT) did something that seemingly made no sense -- it cut its dividend just months short of hitting 25 consecutive annual dividend hikes. 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 h ...
This 6%-Yielding Dividend Stock Is Slowly Rebuilding to Support Growth in 2025
The Motley Fool· 2024-10-31 09:33
W.P. Carey expects to get back on a growth trajectory in 2025. This year is a transitional period for W.P. Carey (WPC -0.90%). The diversified real estate investment trust (REIT) opted to exit the office sector late last year. As a result, it had to reset its dividend to reflect its reduced earnings and a desire to retain more cash to invest in rebuilding its portfolio. However, even with that payout cut, the REIT's dividend yields more than 6% these days. The company's portfolio shift has acted as a growth ...