This real estate investment trust still looks like a good deal for income investors. It slowly but steadily grows its dividend, has very good portfolio and dividend coverage stats, and the shares are everything but expensive. Today, income investors pay less than 13 times run-rate adjusted funds from operations for the REIT, and investors' yield on cost will only rise in the future. An investment in it Carey yields 6.38 percent.
W.P. Carey (NYSE:WPC) is an internally managed REIT that owns a big real estate portfolio and that also accepts clients for its non-traded investment program. The REIT has a highly diversified property portfolio comprising of 903 net lease properties totaling 88 million square footage. 95 percent of W.P. Carey's adjusted funds from operations, or AFFO, originate from the REIT's real estate portfolio whereas the remainder, 5 percent, come from the investment management side of the business. W.P. Carey is not only highly diversified along multiple dimensions (industry, tenant, geography) but also has a very high portfolio occupancy rate of 99.1 percent.
Source: Seeking Alpha
Related Articles:
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
- If Only I Had Known About These Dividend Stocks...
Why Not Buy This 6.4% Yielding Top-Shelf REIT For A High-Quality Dividend Portfolio?
Posted by D4L | Monday, May 01, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.