Previous close | 52.06 |
Open | 52.07 |
Bid | 51.59 x 1100 |
Ask | 51.70 x 1800 |
Day's range | 51.51 - 52.40 |
52-week range | 51.51 - 68.85 |
Volume | |
Avg. volume | 5,206,103 |
Market cap | 36.545B |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | 38.48 |
EPS (TTM) | 1.34 |
Earnings date | 31 Oct 2023 - 06 Nov 2023 |
Forward dividend & yield | 3.07 (5.90%) |
Ex-dividend date | 29 Sept 2023 |
1y target est | 67.43 |
W.P. Carey prepared for a spike in inflation even when nobody was concerned about it. The benefit of that preparation is showing up now.
There's nothing wrong with buying high-yield stocks, but you need to look past the yield alone to see the full story with Annaly Capital.
W. P. Carey (NYSE: WPC) recently revealed plans to strategically exit the office sector. The move will enable the diversified real estate investment trust (REIT) to focus on real estate sectors with better long-term demand dynamics. Here's a look at the diversified REIT's strategy to exit the office sector and how that will impact its 7.1%-yielding dividend.