W.P. Carey: The Good, The Bad, And The Ugly

Last fall, W.P. Carey (NYSE: WPC ) announced two steps to move forward. They decided to sell or spin off all their office assets and they decided to reduce their dividend payout ratio (on AFFO – Adjusted Funds From Operations). An unpopular dividend cut was the If you want to access my entire Portfolio and all my current Top Picks, feel free to join 'High Yield Landlord' for a 2-week free trial. We are the largest and best-rated community of real estate investors on Seeking Alpha with 2,500+ members on boar ...