W.P. Carey: A Low-Risk Bellwether That Yields 6.6%

4/19/20

By Brad Thomas, SeekingAlpha

We're monitoring all of the REITs in our coverage spectrum with an emphasis on selecting the Crème de la Crème. This simply means that our strategy for picking REITs, given the COVID-19 pandemic, is to only allocate capital to the very best names.

Better put, we're primarily targeting bellwether REITs that are best-in-class dividend growers who enjoy the widest moats with fortress balance sheets.

On Thursday, we added W.P. Carey (WPC) to the "Cash Is King" portfolio. The company also was one of my "Nick's picks" on this week’s edition of The Dividend Kings vodcast, which was focused on identifying safe and reliable dividend yields in today’s volatile market.

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