WPC dividend yield calculator – W. P. Carey Slashes Quarterly Dividend by Nearly 20% to $0.86/Share
December 8, 2023
🌧️Trending News
W. P. Carey ($NYSE:WPC) Inc., a real estate investment trust, recently announced that they have lowered their quarterly dividend by 19.7%, setting it at a rate of $0.86 per share. The reduction is attributed to the company’s previously announced strategic review of the dividend rate in an effort to align the company’s long-term capital needs with the current market environment. W. P. Carey Inc. is a publicly traded REIT that specializes in investments in corporate real estate and capital markets.
The company is focused on providing long-term sale-leaseback and build-to-suit financing for companies looking to unlock the value of their real estate assets. With a diversified portfolio of real estate investments, W. P. Carey seeks to provide investors with attractive risk-adjusted returns and long-term value creation opportunity.
Dividends – WPC dividend yield calculator
W. P. CAREY has issued a quarterly dividend of $0.86/share, representing a nearly 20% reduction from the dividend yield of the last three years which averaged out to 4.27, 4.24 and 4.2 USD. This yields 5.95%, 5.35%, and 5.69% in 2021, 2022 and 2023 respectively, with an average dividend yield of 5.66%. If you are interested in dividend stocks, W. P. CAREY could be an option to consider.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for WPC. More…
| Total Revenues | Net Income | Net Margin |
| 1.73k | 773.58 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WPC. More…
| Operations | Investing | Financing |
| 1.11k | -825.63 | -335.59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for WPC. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 18.63k | 9.15k | 41.77 |
Key Ratios Snapshot
Some of the financial key ratios for WPC are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 46.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – WPC Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of W. P. CAREY’s fundamentals. Our proprietary Valuation Line has calculated the fair value of W. P. CAREY’s share at around $55.7. However, currently W. P. CAREY stock is being traded at $64.0, making it a fair price that is overvalued by 14.9%. More…
Peers
It’s one of the largest owners and operators of single-tenant commercial properties in the U.S., with a portfolio that includes office buildings, warehouses, and retail centers. The company’s size and scope give it some advantages over its smaller competitors, but it also faces some stiff competition from some of the other big REITs in the space, including Realty Income Corp, STORE Capital Corp, and Prologis Inc.
– Realty Income Corp ($NYSE:O)
Realty Income Corporation is a publicly traded real estate investment trust that invests in commercial real estate properties in the United States. The company was founded in 1969 and is headquartered in Escondido, California. As of December 31, 2020, Realty Income owned 5,689 properties across 49 states.
– STORE Capital Corp ($NYSE:STOR)
STORE Capital Corp is a real estate investment trust that focuses on acquiring, financing, and owning net-leased properties. The company’s properties are leased to middle market and national retail tenants. As of December 31, 2020, STORE Capital owned 1,847 properties in 48 states.
– Prologis Inc ($NYSE:PLD)
Prologis Inc is a real estate investment trust that owns, operates, and develops warehouses and distribution centers around the world. As of 2022, it has a market capitalization of $94.6 billion. The company’s warehouses are used by a variety of businesses, including e-commerce fulfillment, retail, manufacturing, and logistics. Prologis is one of the largest landlords in the United States and China, and its properties are located in 19 countries across North America, Europe, Asia, and Australia.
Summary
This could be indicative of a weakening financial position or an overall lack of confidence in the company’s future prospects. Investors should consider the potential implications of such a move, and how it might affect their portfolios. Careful analysis of the company’s balance sheet, income statement, and other key financial metrics can provide insight into the company’s current financial situation and potential performance going forward.
It can also help investors determine whether or not this reduction in dividend is likely to be temporary or permanent and how it may affect their investment goals. Analyzing W.P. Carey’s performance in comparison to its peers will also provide a better understanding of the company’s comparative standing in the industry.
