2024-06-05 23:13:43 ET
Summary
- W.P. Carey is a net-lease REIT that offers value for passive income investors seeking recurring dividend income and potential capital appreciation.
- The company has reorganized its portfolio, focusing on industrial and warehouse real estate, and is expected to return to funds from operations growth in 2025.
- Lower interest rates could facilitate debt-financed acquisitions, setting W.P. Carey up for future growth in its core business.
W. P. Carey Inc. (WPC) is a leading net-lease REIT that continues to represent deep value for passive income investors with a desire to capture recurring dividend income, but that also have an eye on the potential for capital appreciation....
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For further details see:
W. P. Carey: Now My Second-Biggest Portfolio Position