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W.P. Carey Inc. reported a 2.6% stock drop in Q4 2023 but announced a $0.88 quarterly dividend.
W.P.
Carey Inc., a real estate investment trust (REIT), saw its stock holdings drop by 2.6% in the fourth quarter of 2023, with several institutional investors buying and selling shares.
Despite missing revenue and earnings estimates, the company reported a strong net margin of 35.12%.
W.P.
Carey announced a quarterly dividend of $0.88 per share, with a dividend yield of 6.18%.
The REIT owns a diverse portfolio of 1,424 net lease properties and 89 self-storage properties.
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W.P. Carey Inc. reportó una caída del 2,6% en acciones en el Q4 2023, pero anunció un dividendo trimestral de $0.88.