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...
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
The fact is that there are many interesting high-yielding companies that have good long-term prospects. Besides, as the markets get more vol...
-
A common measure of dividend sustainability is the payout ratio, the percent of earnings that are paid out to shareholders. Unfortunately, e...
-
Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial s...
-
Good income investments often come with strong dividend yields, delivering income that's higher than an investor could find at a bank or...
-
A lot changes when you shift from working to retirement, including how you invest. Most investors switch from building a nest egg to living ...
-
Last month we wrote about the top four companies in our model portfolio in the article 4 Dividend Dominators for 2021 - Companies With More ...
-
Both of the listed stocks are often discussed on the Reddit page, and for very different reasons. The former pays a frequent special dividen...
-
Interest rates remain very low and given the ongoing economic impact from COVID-19, they will likely stay very low. This low-rate environmen...
-
When it comes to dividend stocks, investors can fall into the trap of focusing on dividend yield over all else. That can be a dangerous stra...
-
Safety and tranquility are both important aspects of investing for retirement. Yes, we want stocks with meaningful upside. We also -- howeve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.