From Yahoo Finance: 2025-05-02 03:30:00

W.P. Carey is a REIT with a diversified portfolio of income-producing real estate. It offers a nearly 6% yield, paying four times the income of the average S&P 500 dividend stock. Investing in high-quality commercial real estate with net leases, it aims to steadily increase its dividend.

The REIT owns 1,614 properties, including industrial, warehouse, and retail spaces, secured by net leases with rent escalations. Half of its leases tie rents to inflation, resulting in stable and growing rental income. W.P. Carey reinvests cash flow to grow its portfolio and aims to pay out 70-75% in dividends.

W.P. Carey has been upgrading its portfolio by selling non-core assets and reinvesting in properties with better growth potential. It invested $1.6 billion in new properties last year and plans to invest $1-1.5 billion this year. The company’s dual growth drivers enable it to steadily increase its dividend by around 2.9%.

Investing in W.P. Carey offers a way to generate passive income through a diversified real estate portfolio with rising rental income. The company reinvests to expand its portfolio, providing additional sources of rental income. While not in the top 10 stocks to buy now, it has a track record of dividend growth and potential for long-term returns.



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