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Should You Buy W.P. Carey While It's Below $60?


Published on 2025-02-01 05:21:19 - MSN
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  • Investors looking at W.P. Carey (NYSE: WPC) will probably be enticed by its lofty 6.3% dividend yield. That's well above the S&P 500 index's 1.2% and the 3.8% yield of the average real estate investment trust (REIT).

The article from MSN Money discusses whether investors should consider buying shares of W.P. Carey Inc. (WPC), a real estate investment trust (REIT), while its stock price is below $60. W.P. Carey has experienced a significant drop in its stock value, trading at around $55, which is a 30% decrease from its peak. Despite this decline, the article highlights several reasons why WPC could still be an attractive investment. It notes that W.P. Carey has a diversified portfolio of operationally critical commercial real estate, which provides stable rental income. The company also boasts a high dividend yield, currently around 6.5%, which is appealing for income-focused investors. However, the article also mentions concerns like rising interest rates affecting REIT valuations, potential tenant issues, and the company's recent decision to spin off its office properties into a new entity, which might introduce short-term volatility. The piece concludes by suggesting that while there are risks, the long-term stability and income potential of W.P. Carey could make it a worthwhile investment at its current price, especially for those looking for dividend income.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/should-you-buy-w-p-carey-while-it-s-below-60/ar-AA1ydZJJ ]
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