Before You Buy Prologis: Here's a REIT I'd Buy First
Investors have cooled on the industrial niche of the real estate investment trust (REIT) sector. There's no better example of that than the roughly 25% decline from 2022 highs in the price of industrial giant Prologis (NYSE: PLD). That REIT is, without a doubt, a leader in the industrial REIT sector, but investors might still find more diversified W.P. Carey (NYSE: WPC) of more interest. Here's why.
If you are looking at REITs, you are probably interested in dividends. W.P. Carey's dividend yield is 6.1% today, while Prologis' yield is less than half that at 2.8%. From a yield perspective, W.P. Carey easily beats Prologis. But there's more to the dividend story than yield alone.
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Source Fool.com
