– Weekly Cash Flow Strategy –
JAN / APR / JUN / SEPT
3rd week – W.P.Carey Inc. (WPC) / $76.60
Forward Dividend & Yield 4.21 (5.54%)
Dividend Payout – $1.05
Ex–Dividend Date Sept 29, 2021
W.P.Carey is a great long–term dividend stock. A Real Estate Investment Trust (REIT). Not all REIT's are created equal. REIT's which are specifically designed to pay generous dividends. And this one pays well.
W.P.Carey offer a generous 5.5% dividend yield at recent prices. It's well above the 1.3% from an S&P index fund. It also beats the 3.2% you'd get from an average REIT.
W.P.Carey has increased its dividend annually every year since its 1998 (IPO) This put it right on the cusp of becoming one of the Dividend Aristocrats.
That's a group of companies with at least 25 straight years of increasing dividends proving overtime that they view dividends as a cornerstone of how they return value to shareholders.
W.P.Carey is a great dividend stock with a great history, a generous yield, and a differentiated investment approach, that works well inside this dividend portfolio strategy.