How Much Would It Take To Earn $100 A Month From W.P. Carey Stock

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How Much Would It Take To Earn $100 A Month From W.P. Carey Stock
How Much Would It Take To Earn $100 A Month From W.P. Carey Stock

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W.P. Carey Inc. (NYSE:WPC) ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, including 1,424 net lease properties covering approximately 173 million square feet and 89 self-storage operating properties as of Dec. 31, 2023.

The company will report its Q4 2024 earnings on Feb. 7, 2025. Wall Street analysts expect W.P. Carey to post quarterly revenue of $384.07 million, down from $410.38 million in the year-ago period.

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The 52-week range of W.P. Carey's stock price was $53.09 to $67.40.

W.P. Carey's dividend yield is currently 6.33%, with an annual payout of $3.50 per share.

The Latest On W.P. Carey

On Oct. 29, the company announced its Q3 2024 earnings, posting an FFO of $1.18, compared to the consensus estimate of $1.17 and revenues of $394.775 million, compared to the consensus of $379.678 million, as reported by Benzinga.

"With close to $1 billion of deals completed so far this year and a near-term pipeline in excess of $500 million, we're well positioned to reach or exceed the $1.5 billion midpoint of our 2024 investment volume guidance, depending on the specific timing of deal closings," said Jason Fox, Chief Executive Officer of W.P. Carey.

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How Can You Earn $100 Per Month As A W. P. Carey Investor?

If you want to make $100 per month –$1,200 annually – from W.P. Carey dividends, your investment value needs to be approximately $18,987, which is around 343 shares at $55.41 each.

Understanding the dividend yield calculations: When making an estimate, you need two key variables – the desired annual income ($1,200) and the dividend yield (6.33% in this case). So, $1,200 / 0.0633 = $18,987 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the stock’s current price.

The dividend yield can change over time due to fluctuating stock prices and dividend payments on a rolling basis.

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