W.P. Carey's Dividend Cut Value
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•What Does This High-Yield Stock Look Like After Its Dividend Cut?
76% Informative
W.P. Carey announced that it was cutting its dividend by roughly 20% at the end of 2023 .
The REIT is worth giving this large net lease real estate investment trust a second chance.
The company is the second largest net lease REIT by market cap, after industry giant Realty Income .
W.P. Carey's dividend yield is nearly 5.8% today , which is higher than that of Realty Income and the average REIT.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now.
The 10 stocks that made the cut could produce monster returns in the coming years .
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