Key Details
Price
$55.47Last Dividend
$0.88Annual ROE
8.00%Beta
0.28Events Calendar
Next earnings date:
Feb 11, 2025Recent quarterly earnings:
Oct 29, 2024Recent annual earnings:
Feb 09, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 31, 2024Next split:
N/ARecent split:
Nov 02, 2023Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Investors considering W.P. Carey (WPC 0.43%) are likely to be attracted by its high dividend yield of 6.3%.
NEW YORK, Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W.
A conference call is set for Wednesday, February 12, 2025, at 11:00 a.m. Eastern Time. This announcement comes from New York on January 28, 2025.
W. P. Carey Inc. is a low-risk real estate investment trust (REIT) that specializes in high-quality industrial and retail properties. Although it faced a profit decline in 2024 and reduced its dividend in 2023, it is projected to grow again in 2025, providing a 6.5% dividend yield. The REIT's diverse portfolio, long lease agreements, and essential properties contribute to its stability, while it manages currency risks through careful borrowing and hedging strategies.
W. P. Carey now has a yield of 6% after reducing its dividend in 2023 and lowering payments in 2024. This change came after a struggling office portfolio was separated around the same period. Currently, WPC's portfolio generates good income, with a payout ratio on AFFO of about 75%.
W. P. Carey has experienced a notable drop in its share price, but it now offers an attractive investment chance because of its better valuation and solid fundamentals. The company owns 1,430 net leased properties, boasting a high occupancy rate of 98.8%, and has a diverse range of industrial, warehouse, and retail assets. With a strong growth plan that emphasizes retail expansion and sale-leasebacks, WPC is well-positioned for future growth in funds from operations (FFO) and earnings before interest, taxes, depreciation, and amortization (EBITDA).
W.P. Carey, a real estate investment trust (REIT), started 2024 by reducing its dividend.
If you want to quickly increase your passive income, I have some good news for you. There's a dependable dividend stock that is currently being viewed as if it's struggling financially.
W.P. Carey (WPC -1.64%) saw its shares drop by 15.9% in 2024, based on information from S&P Global Market Intelligence.
Last year marked a significant change for W.P. Carey (WPC -1.64%).
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