Don't Buy This 5.3%-Yielding REIT Now, Wait For A Drop

This company makes a compelling value proposition, but only at the right price. It has strong portfolio and distribution coverage stats. The REIT easily covers its dividend with AFFO. The dividend is growing. That said, though, it is presently overbought and probably about fairly valued. An investment in the stock yields 5.3 percent.

W.P. Carey (WPC) makes an interesting investment proposition for DGI and high-yield investors, but only at the right price. W.P. Carey has a widely diversified commercial property portfolio, an investment-grade rated balance sheet that protects investors in the case of an economic downturn, and a conservative AFFO-payout ratio. However, shares are no longer a bargain. An investment in WPC yields 5.3 percent.

Source: Seeking Alpha

Related Articles:
- 4 Higher-Yielding Financial Services Stocks With Rising Dividends
- 5 Higher Yield Dividend Growth Stocks
- Successful Investors Take The Emotion Out
- 5 Under-Valued Dividend Growth Stocks
- Dividend Stocks vs. a Safe Distribution Rate