12 Reasons to Buy and Hold W.P. Carey
Real estate investment trust (REIT) W.P. Carey (NYSE: WPC) is one of my favorite holdings. There are a lot of reasons for that, which I'll expand on below. When you add it all up, I'm hoping I never have to sell this well-run landlord. Here are 12 reasons why you might want to follow my lead on this REIT.
One of the things that I look for in a company, any company, is a strong dividend history. This shows a commitment to returning value to investors, and that's very important to me. On this front, W.P. Carey excels, given that it has increased its dividend every single year since it went public in 1998. Sure, there are REITs with longer dividend streaks, but I'm pretty impressed by a company that has increased the dividend every year of its public life.
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Source Fool.com
