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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (76431)10/25/2024 4:13:21 PM
From: Paul Senior  Read Replies (1) | Respond to of 78748
 
WPC. I assume they gave out all the bad news at once. Who knows though? I've been buying small amounts all day as the stock has fallen. I believe I'll be ok with holding this very diversified (business and geographical) reit for a year or so, until maybe more people will regain a favorable opinion of the management from their cut of the dividend this year.

If the stock even remains where it is today, that's a 6% yield, and I'm ok in deploying some cash for that and a bet the stock moves higher withing a year or so.