stock transformation amid tenant challenges By Investing.com
W.P. Carey Inc. (NYSE:WPC), a prominent real estate investment trust (REIT) with a market capitalization of $11.8 billion, is navigating a period of significant transformation as it reshapes its portfolio and addresses ongoing tenant credit challenges. Currently trading near its 52-week low at $53.88, the company has maintained an impressive track record of dividend payments for 27 consecutive years, offering investors a substantial 6.43% yield.
Want to unlock deeper insights into WPC’s performance? InvestingPro offers exclusive analysis and metrics that could help you make more informed investment decisions. The company’s strategic shift away from office properties towards industrial and retail assets has garnered attention from…