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Re: bar1080 post# 16

Friday, 09/22/2023 6:50:44 AM

Friday, September 22, 2023 6:50:44 AM

Post# of 18
"W. P. Carey: Dividend Gets Whacked"

"W. P. Carey Inc. plans to reposition its portfolio by spinning off some office properties and selling others.
The company believes that getting rid of office properties will improve its organic growth and attract higher valuations from investors.
The strategic repositioning includes a "dividend reset" that will lower the dividend payout, but the dividend yield will still be attractive."

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