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1 Magnificent High-Yield REIT Stock Down 39% to Buy and Hold Forever
W. P. CareyW. P. Carey(US:WPC) The Motley Foolยท2024-11-19 11:22

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.It's hard to find dependable dividend stocks with large yields. Often, a high dividend yield is a red flag, a warning from the market of potential risks within the company. However, certain types of companies are better suited to affording generous dividends.Real estate is a great place to look. Companies that acquire and lease property, called real estate inv ...