This More Than 6%-Yielding Dividend Stock Continues to Rebuild Its Payout
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W. P. Carey, a real estate investment trust, is known for its consistent dividend growth over 25 years. However, it faced a setback last year but is now working on rebuilding its dividend payout, currently yielding over 6%.
December 15, 2024 | 9:45 am
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W. P. Carey is focusing on rebuilding its dividend payout after a disruption last year. The REIT's current dividend yield is over 6%, which may attract income-focused investors.
W. P. Carey has a strong history of dividend growth, which was interrupted last year. The current focus on rebuilding its dividend payout, coupled with a high yield, is likely to attract investors seeking income, potentially driving the stock price up in the short term.
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