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If I Could Only Buy 1 Dividend Stock, This Would Be It

There are loads of high-quality dividend stocks to choose from, but if I could only buy one right now, here's why W.P. Carey (NYSE: WPC) would be it. W.P. Carey is a diversified real estate investment trust (REIT), meaning it owns and leases a wide range of commercial properties including office, retail, self-storage, and industrial warehouses and distribution centers across the globe. Diversification is hugely important in hedging risk.