Where Will Ultra High-Yield W.P. Carey Be in 3 Years?
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W.P. Carey, a high-yield dividend stock, announced a dividend cut in late 2023, surprising dividend investors.
November 24, 2024 | 12:15 pm
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NEGATIVE IMPACT
W.P. Carey announced a dividend cut in late 2023, which is a significant development for dividend investors relying on its high yield.
The dividend cut by W.P. Carey is likely to negatively impact its stock price in the short term as dividend investors may sell off their shares due to reduced income expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100