W.P. Carey (NYSE: WPC) stands out for its ability to pay dividends. The diversified REIT currently yields an attractive 6.7%, substantially above the 1.5% dividend yield on the S&P 500. Meanwhile, it has increased its payout every year since its public market listing in 1998. 

That dividend growth should continue. The REIT has two big catalysts ahead that should increase its deal flow and ability to finance new investment opportunities.

W.P. Carey specializes in completing sale-leaseback transactions. It will buy real estate from the operator and lease it back under long-term triple net (NNN) leases. These deals enable companies to unlock the value of their real estate while providing them with the capital they can use to repay debt, expand their operations, or fund cash returns to shareholders.

Continue reading

Source Fool.com