Better Buy: W.P. Carey or Spirit Realty?
W.P. Carey (NYSE: WPC) and Spirit Realty (NYSE: SRC) are two prominent net-lease real estate investment trusts (REITs). Spirit is offering investors a roughly 6.4% dividend yield today, while W.P. Carey's is closer to 6%. Is it OK for dividend investors to go with the higher yield here, or is there more that needs to be examined? Here's a quick look.
Spirit Realty's dividend yield is roughly 40 basis points higher than that of W.P. Carey, or roughly 7%. That's not a huge uptick on an absolute basis, though investors looking to maximize the income they collect might want to dig into the numbers just a little.
Source Fool.com