Previous close | 54.90 |
Open | 55.04 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 53.69 - 55.31 |
52-week range | 53.65 - 85.55 |
Volume | |
Avg. volume | 1,254 |
Market cap | 91.514M |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | 0.19 |
EPS (TTM) | 2.76 |
Earnings date | 02 Nov 2023 - 06 Nov 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
W. P. Carey (NYSE: WPC) recently surprised the market by unveiling a two-part plan to swiftly exit the office sector. Shares of the diversified real estate investment trust (REIT) have tumbled over 15% since it revealed that plan, which would see it sell off part of its office portfolio while spinning off the rest of the properties into a new office REIT. The diversified REIT decided to make the move in hopes of boosting its valuation.
Net lease REIT W.P. Carey is changing its business in a dramatic fashion. Here's what that may mean for investors.
W.P. Carey has raised its dividend payout for 26 consecutive years, but that streak is now in jeopardy.