Reported 11 months ago
W. P. Carey, a REIT, offers over 6% in dividends, potentially turning a $1,000 investment into more than $60 of annual income, with a focus on commercial real estate for steady rental income growth. The company owns nearly 1,300 properties and aims to pay out 70-75% of adjusted FFO in dividends while actively acquiring new investments and recycling capital to enhance long-term growth prospects, making it a solid choice for investors seeking a growing passive income stream.
Source: YAHOO