W. P. Carey: Adequate But Not Attractive Dividend
W. P. Carey (NYSE: WPC ) is a REIT historically known for its strategy of running a commercial real estate portfolio diversified across industrial, warehouse, retail, and office properties. With a dividend cut that began in 2023 and continued in 2024, someMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fund ...