20 Great Dividend Paying Stocks
#3 W.P. Carey (WPC)
Dividend Yield: 5.8%
W.P. Carey is a solid dividend paying stock worth considering to add to one’s portfolio. The stock has a forward P/E ratio of 15.1, and has a dividend growth streak that has lasted for 20 years and counting now. The company was originally founded in 1973 and converted to a REIT structure in 2012 in the real estate industry. W.P. Carey owns a mix of different types of properties with more than 900 being leased to more than 200 customers in the United States. Approximately 64% of these assets are located in the United States and 36% in Europe. A focused area of growth for the company is the investment management division; however, this branch does not have more than 10% of the overall cash flow of the business yet.
