With Its Repositioning Complete, This Nearly 6%-Yielding Dividend Stock Expects to Return to Growth Mode

W.P. Carey should deliver a growing passive income stream. W.P. Carey (WPC -0.90%) has been in a transitional phase over the past several quarters. The real estate investment trust (REIT) made the strategic decision to exit the office market last year, which has taken several quarters. Meanwhile, one of its top tenants exercised its option to repurchase the properties it leased from the REIT. These moves and a desire to be more conservative drove it to reset its dividend last year. The REIT completed its of ...