Down 42%, Is Ultra-High-Yield W.P. Carey Stock a Buy on the Dip?
W. P. Carey(WPC) The Motley Fool·2025-01-15 17:39
If you're looking for a way to quickly boost the amount of passive income flowing into your accounts, I have great news. there's a highly reliable dividend payer that's being treated as if it's having trouble making ends meet.Shares of W.P. Carey (WPC 1.36%) have fallen about 40% from the peak it reached in 2019. At its beaten-down price, the real estate investment trust offers investors a 6.6% yield.Let's weigh some reasons it's getting beaten down against its strong points to see if it's a smart stock to ...