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Strategies & Market Trends : REITS - Buying 1 - 2 weeks before going ex-dividend -- Ignore unavailable to you. Want to Upgrade?


To: Gary E who wrote (2320)9/19/2002 9:01:23 PM
From: Richard Barron  Read Replies (1) | Respond to of 2561
 
Hal,
WPC has performed well and continued to grow FFO during difficult times. The growth is almost flat now.
They raise the dividend a tiny amount every quarter.
I think it is a good REIT to buy on dips, but it is mildly expensive now in terms of FFO multiple and trading only 1% below it's all time high while many REITs are 10% off their highs.
I would average in if you want to buy some at these levels.
Richard