1 Magnificent High-Yield REIT Stock Down 39% to Buy and Hold Forever
W. P. Carey(WPC) The Motley Fool·2024-11-19 19:22
Investors may have written this REIT off after it cut its dividend. However, it's become a compelling buy with a juicy and now-trustworthy 6.4% yield.It's hard to find dependable dividend stocks with large yields. Often, a high dividend yield is a red flag, a warning from the market of potential risks within the company. However, certain types of companies are better suited to affording generous dividends.Real estate is a great place to look. Companies that acquire and lease property, called real estate inv ...