Why is WP Carey investing in more than one sector?
Having its fingers in more than one sector gives W.P. Carey the opportunity to invest for growth through various market cycles. For example, fairly early in the coronavirus downturn, management highlighted that it was looking to put money to work in the industrial and warehouse space.
Is WPP Carey the best dividend stock to hold?
You don't create a streak like that by accident. And the best part is that W.P. Carey is still offering a very generous 6% dividend yield, compared to 4.6% for Realty Income and 5.2% for National Retail Properties. So not only is it an easy name to hold for the long term, but dividend investors will also find it relatively attractive today as well.
Will WPP Carey's profits continue to grow in 2022?
While W.P Carey hasn't yet released a forecast for 2022, it's worth noting that the company did invest a record $1.73 billion in 2021. Thanks to the company's huge addressable market in the U.S. and Europe, it's reasonable to conclude that significant acquisitions will continue in 2022.
Should you invest in WPP Carey REITs?
And, on top of that, W.P. Carey generates roughly 37% of its rents from outside the United States (largely Europe), adding yet another layer of diversification to the mix. It is, basically, a one-stop-shop for REIT investors looking to get access to multiple property types.
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Is WP Carey publicly traded?
W P Carey shares (WPC) are listed on the NYSE and all prices are listed in US Dollars.
Is WP Carey stock a good buy?
W.P. Carey currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Is WPC stock a buy?
The financial health and growth prospects of WPC, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
Is WP Carey a good dividend stock?
WP Carey Inc's trailing 12-month revenue is $1.4 billion with a 37.6% profit margin. Year-over-year quarterly sales growth most recently was 12.0%. Analysts expect adjusted earnings to reach $2.710 per share for the current fiscal year. WP Carey Inc currently has a 5.0% dividend yield.
Is WPC dividend safe?
Key Points. Amid the economic recovery, W.P. Carey's fundamentals are rebounding to pre-COVID levels. The stock's payout ratio for 2021 leaves it with an adequate margin of safety to keep raising its dividend.
What does WP Carey do?
W. P. Carey (NYSE: WPC) is one of the largest diversified net lease REITs, specializing in the acquisition of operationally critical, single-tenant properties in North America and Europe.
Is Stag a buy?
Valuation metrics show that Stag Industrial, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of STAG, demonstrate its potential to underperform the market.
Is W. P. Carey a good long term investment?
W. P. Carey has a GF Score of 79 out of 100. With positive technicals, a 5.67% return on equity and 5.26% asset growth over the trailing 12 months, the strong momentum rating it gets is well-undergirded.
Does W. P. Carey pay monthly dividends?
Dividend Summary The next W. P. Carey Inc dividend is expected to go ex in 24 days and to be paid in 1 month.
How safe is WPC?
WPC is a highly durable and secure material used for construction purposes. It is a blend of wood fibre wood flour and thermoplastics.
W.P. Carey offers me something that no other REIT does today, and that makes the stock a long-term hold
Reuben Gregg Brewer believes dividends are a window into a company's soul. He tries to invest in good souls.
Making a statement
Roughly 60 or so real estate investment trusts have cut their dividends so far in 2020, largely because of COVID-19. The impact of this global pandemic has exposed the inherent weakness in many REIT business models. But at the same time, it is also highlighting the companies that have created better models, ones that are robust to adversity.
A differentiated model
The first unique trait is subtle, but still very important. W.P. Carey tends to take an opportunistic approach to investing, so it is specifically looking to put money to work when others are less inclined to do so.
Get to know this REIT
There are two important takeaways here. First, by spreading its eggs across more than one basket, W.P. Carey softens the blow from a downturn in any one sector or industry.
Why do I like W.P. Carey?
Many property-owning REITs buy and manage their properties, handling the day-to-day business of maintaining the assets they own. Carey is what's known as a net lease REIT. It generally buys properties from companies and then instantly rents them back to the seller with a long-term lease. The seller, meanwhile, is responsible for most of the operating costs of the property they occupy. It's really more of a financial transaction, with the seller raising cash it can put to better use elsewhere (for things like expansion or just to shore up its balance sheet ).
Is WP Carey a good investment?
You know that diversification is good for your personal portfolio. Well, W.P. Carey is proof that it's also good for companies to have diversified businesses. And that's the reason to buy and hold this real estate investment trust forever. Diversification, however, is just the foundation here; the really wonderful thing about the company is what diversification allows management to do over time. That includes increasing the dividend for 23 consecutive years, even during the COVID-19 pandemic that has forced dozens of other REITs to cut their dividends.
NYSE: WPC
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If you are looking for a great dividend-paying REIT, look no further than W.P. Carey
Real estate investment trust (REIT) W.P. Carey ( WPC 0.38% ) is one of my favorite holdings. There are a lot of reasons for that, which I'll expand on below. When you add it all up, I'm hoping I never have to sell this well-run landlord. Here are 12 reasons why you might want to follow my lead on this REIT.
1. Great dividend record
One of the things that I look for in a company, any company, is a strong dividend history. This shows a commitment to returning value to investors, and that's very important to me. On this front, W.P. Carey excels, given that it has increased its dividend every single year since it went public in 1998.
2. Not enough love
The next reason to like W.P. Carey is a bit more subtle: Its closest peers, size-wise and history-wise, have dividend yields that are notably lower. That suggests that investors don't really give W.P. Carey the credit it deserves, meaning it offers a relative value. To put some numbers on this, W.P.
3. The basic model
W.P. Carey is a net lease REIT. That means it owns single-tenant properties for which the tenants are responsible for most of the operating costs. Spreading that over a large portfolio makes it a pretty low-risk approach in the industry. It's not an uncommon approach, but it's another reason to like this REIT.
4. Property type diversification
The thing about the net lease approach is that many REITs use it to focus on just one or two property types. W.P. Carey goes to the other extreme -- it has one of the most diversified portfolios you can find in the REIT sector.
5. Geographic diversification
W.P. Carey gets around 37% of its rents from outside the U.S. Roughly 35% of that tally is from Europe, across various nations in the region. This landlord is, without a doubt, one of the most diversified names you can find in the REIT sector.
NYSE: WPC
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Bouncing back from the pandemic
W.P. Carey delivered robust operating results through the first three quarters of 2021.
NYSE: WPC
During that period, total revenue of $956.6 million represents 6.1% growth over the year-ago period. More important, this represents a 3.8% growth rate over the pre-pandemic period in 2019. How was W.P. Carey able to generate revenue growth in the first nine months of 2021?
A manageable dividend payout ratio
W.P. Carey appears to be healthy fundamentally. But given that its 5.3% dividend yield is approximately quadruple that of the S&P 500's 1.3%, it's worth asking the following question: Is W.P. Carey's payout safe?
The valuation could make it a buy
W.P. Carey has shown itself to be a high-quality dividend growth stock. But there is no stock that is always a buy. That's why we need to look at the company's valuation.
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