Reported 5 months ago
The article discusses alternatives to real estate investment trust (REIT) Realty Income, highlighting competitors Agree Realty and W.P. Carey as potential high-yield options for investors seeking more growth. While Realty Income is a well-run company, its slow growth rate in dividends and size limitations are noted as potential drawbacks for investors looking for higher yield and dividend growth. Agree Realty's smaller size allows for more significant impact from property investments and has shown substantial dividend growth compared to Realty Income, making it an attractive option for investors focused on dividend growth. On the other hand, W.P. Carey recently cut its dividend as part of a transition to focus on retail and industrial spaces, but the REIT's strategic moves and potential for turnaround make it a viable alternative for investors seeking higher upside potential and appreciating business changes.
Source: YAHOO