Got $5,000 to Invest? Buying This Nearly 6%-Yielding Dividend Stock Can Turn It Into Almost $300 of Easy Passive Income Each Year.

Core Viewpoint - Investing in W.P. Carey provides an opportunity for passive income through its high-yield real estate investment trust (REIT) structure, which offers a nearly 6% yield compared to the S&P 500's sub-1.5% dividend yield [2] Group 1: Company Overview - W.P. Carey owns a diversified portfolio of 1,614 high-quality commercial properties across North America and Europe, including industrial, warehouse, and retail spaces, secured by long-term net leases [3] - The REIT's net lease portfolio generates stable and growing rental income, with half of its leases linked to inflation and 47% raising rents at a fixed rate [4] Group 2: Financial Strategy - W.P. Carey aims to distribute 70% to 75% of its stable cash flow as dividends while retaining the remainder for reinvestment in income-generating real estate [5] - The company has invested $1.6 billion in new properties last year and plans to invest between$1 billion and $1.5 billion this year, with$448.6 million already completed [8] Group 3: Growth and Dividend Policy - Rising rental income from existing properties and strategic investments in new properties provide a solid growth base for W.P. Carey [6] - The company has increased its dividend by 2.9% over the past year and aims to grow its payout in line with its adjusted funds from operations (FFO), which rose by 2.6% in the first quarter [9]