W.P. Carey: Buy, Sell, or Hold?
W. P. Carey(WPC) The Motley Fool·2024-08-24 15:45
Investors are staying away from the REIT as it pivots its business, even though it still pays a high-yielding dividend. For the most part, investors prefer for real estate investment trusts (REITs) to operate steadily and predictably. The most popular REITs have been plugging away with business strategies that have remained more or less unchanged for years, even decades. That's not the case with storied REIT W.P. Carey (WPC 2.25%), which is nearing the end of a major transition. The uncertainty created by t ...