|Bid||36.15 x 1100|
|Ask||36.11 x 1000|
|Day's Range||36.04 - 36.80|
|52 Week Range||36.04 - 48.21|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||17.69|
|Earnings Date||Oct 31, 2023 - Nov 06, 2023|
|Forward Dividend & Yield||2.26 (6.16%)|
|Ex-Dividend Date||Jul 28, 2023|
|1y Target Est||44.92|
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How long a runway is there for W.P. Carey compared to some of its key competitors? 11.2 years is a compelling number to consider.
Orlando-based retail property investor NNN REIT (NYSE: NNN) paid a combined $38.5 million for six gas stations in Miami-Dade and Broward counties in a portfolio deal. The company focuses on owning retail properties with long-term leases in place, and that was the case with this deal.
Having delivered 34 consecutive years of payout increases, NNN REIT (NYSE: NNN) has done so through the Gulf War recession, the dot-com recession, the Great Recession, and the COVID-19 recession. NNN REIT specializes in buying single-tenant, net-lease retail properties from clients. This means that the company buys retail properties where there is only one tenant occupying the building.