W.P. Carey Stock Rises 12% in 3 Months: Will the Trend Continue?

Shares of W.P. Carey (WPC) have rallied 12% over the past three months, outperforming the industry's upside of 2%.W. P. Carey is a real estate investment trust (REIT) engaged in providing long-term sale-leaseback and build-to-suit financing for companies. The firm primarily invests in commercial properties that are generally triple-net leased to single corporate tenants.On March 13, this industrial REIT cheered its investors with a 1.1% dividend hike. WPC will now pay out a first-quarter 2025 cash dividend ...