bar1080
1 year ago
WPC cuts dividend and dumps office holdings.
"Getting Rid Of Office Properties
W. P. Carey is a real estate investment trust that invests in triple-net leased properties. These are oftentimes acquired in sale-leaseback transactions and have oftentimes very long lease terms and attractive escalators, in many cases inflation-linked (sometimes with a cap). Long lease terms and locked-in escalators are attractive, and the triple-net lease business model is attractive as well, as the tenant is responsible for higher expenses when it comes to taxes, insurance, and so on. These expenses have been rising due to inflation and other factors, but W. P. Carey was insulated from these headwinds."
https://seekingalpha.com/article/4636561-w-p-carey-dividend-gets-whacked
OldAIMGuy
2 years ago
Careful Share Inventory Management has added nicely to the total return in WPC.
W.P. Carey (WPC) has been in my "Sandbox Stocks" portfolio for several years now. It's a contributor to cash flow via a dividend of around 6%/yr. It was also chosen, being a REIT, as a place to have some anti-inflation hedge and some slow growth. In other words, Total Return. The histogram shows how it's gone so far.
It's not a hyper trader, but as you see, it's opportunistically been traded. Generally the method is trading the appropriate way on the appropriate side of the 26 Week Moving Average. It has done an excellent job of managing Cash Reserves through time while picking off trades at nice inflection points. Yesterday was the first time it's added shares since Fall of 2020. Two subsequent sales kept the Cash Reserve near my ceiling target of 20% of investment +cash value. Note that the dividends are NOT included in the displayed cash level. Those levels are just from the trades.
As of this latest trade, there are more shares in this holding than were purchased at the Start (+16% more shares). Cash Reserve (exclusive of dividends) is 50% higher than the start.
Total Return = Price Appreciation over time + Dividend Capture over time + Profitable Volatility Capture over time.
OAG Tom
peterquinnvet
3 years ago
Inflation is at its highest level in 40 years. The consumer price index (CPI) surged 7.9% over the last 12 months, the biggest spike since 1982. Unfortunately, the inflation rate might not cool off anytime soon, given the persistent supply chain issues and spiking energy prices following Russia's invasion of Ukraine.
This elevated level of inflation is painful as a consumer. However, some companies benefit from inflation, which can boost returns for their investors. Two inflation-fighting stocks to consider are Brookfield Infrastructure ( BIPC 1.77% )( BIP 1.85% ) and W.P. Carey ( WPC 0.09% ). Both offer attractive dividends along with inflation-powered earnings upside.
https://www.fool.com/investing/2022/03/21/2-dividend-stocks-that-can-help-you-fight-inflatio/
OldAIMGuy
7 years ago
I was able to add 12% to my position in WPC at $59.46 the other day. Yield at that price was around 6.5%.
Another REIT I own is NRO. On Monday I was able to add 12% to that position, too. Even my REIT ETF, VNQ, has been signaling for a buy. I guess this suggests REITs are out of favor for now.
Value Line shows their 1700 stock universe to have a yield of around 1.9% right now (of all stocks paying a dividend). S&P500 yield isn't much better. I don't care if income providers are over-sold and growth stocks are over-bought. I'll put my $$$ where the income is appropriately distributed because I need income. My motto is "Buy from the Scared, Sell to the Greedy."
Something that isn't discussed much about REITs is that there is a secondary benefit of ownership as an inflation hedge. Yes, interest rates are rising, but with the 20 Year Treasury paying 2.88% currently, it doesn't compete with WPC. Plus, those treasuries don't respond to inflation. So, I'm content to add to my position at times like this.
Penny Roger$
13 years ago
W. P. Carey & Co. LLC (W. P. Carey) provides long-term, sale-leaseback and build-to-suit transactions for companies worldwide, and manages a global investment portfolio. W. P. Carey has two business segments: investment management and real estate ownership. W. P. Carey also earns revenue as the advisor to publicly owned, non-actively traded real estate investment trusts (REITs), which are sponsored by its under the Corporate Property Associates brand name (the CPA REITs) and that invest in similar properties. As of December 31, 2010, it operated as advisor to Corporate Property Associates 14 Incorporated, Corporate Property Associates 15 Incorporated, Corporate Property Associates 16 - Global Incorporated (CPA:16 - Global) and Corporate Property Associates 17 - Global Incorporated (CPA:17 - Global). In May 2011, Energy Transfer Partners, L.P. and Regency Energy Partners acquired LDH Energy Asset Holdings LLC from Louis Dreyfus Highbridge Energy LLC.
http://www.google.com/finance?q=WPC
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whytestocks
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MikeBK205
7 years ago
