Realty Income is the largest net lease REIT, with W.P. Carey at No. 2. They both offer attractive yields, but their dividend histories differ significantly. If considering one, it’s worth looking at the other. They focus on retail and industrial assets, respectively, and are top players in the net lease niche.

Both Realty Income and W.P. Carey own single-tenant properties under a net lease structure, benefitting from reliable tenants and long lease terms. Their portfolios include properties in North America and Europe, offering geographic diversification. Despite differences in focus, both REITs provide a diversified investment option.

Realty Income’s dividend yield is 5.6%, while W.P. Carey’s is slightly lower at 5.8%. Realty Income boasts a 30-year streak of increasing dividends, while W.P. Carey has a shorter track record with a recent dividend reset. Investors seeking stability may prefer Realty Income, while those open to potential growth may find W.P. Carey appealing.

For dividend investors, the choice between Realty Income and W.P. Carey rests on preference for stability or growth potential. Realty Income’s long dividend history offers security, while W.P. Carey’s recent dividend reset has improved its long-term outlook. Consider both for a well-rounded net lease REIT portfolio.

Read more at Yahoo Finance: Realty Income vs. W.P. Carey