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After 24 years, W.P. Carey's (NYSE: WPC) streak of annual dividend increases was about to hit an important milestone. However, the real estate investment trust (REIT) did something that seemingly ...
Real estate investment trust (REIT) W.P. Carey (NYSE: WPC) welcomed 2024 with a dividend cut. The big problem with W.P. Carey today for most investors is the dividend cut at the start of 2024.
WPC data by YCharts. Just one quarter after the dividend cut, meanwhile, W.P. Carey got right back to increasing the dividend again. It has now increased the dividend for two quarters in a row ...
Shares of W.P. Carey (NYSE: WPC) have fallen about 40% from the peak it reached in 2019. ... Despite a dividend cut in 2023, the REIT is standing on solid ground. ... An already large portfolio ...
Shares of W.P. Carey (NYSE: WPC) declined 15.9% in 2024, according to data from S&P Global Market Intelligence. Here's a look at what weighed on the diversified REIT last year and whether it can ...
The stock is valued similarly to its 2019 levels, trading nearly five times its trailing-12-month FFO. However, management has successfully reduced net debt to $2.8 billion, a decrease of about 13 ...