Is W.P. Carey's Dividend in Trouble?

One of the more diversified real estate investment trusts (REITs) on the scene, W.P. Carey  (NYSE: WPC), is at first blush a reliable dividend payer. The company has been making regular shareholder payouts since way back in 1998; as such, it's on the cusp of Dividend Aristocrat status.

However, a glance at its annual payout reveals something that might be disquieting -- the company's dividend growth has been slowing notably of late. Also, the company is in front of a $2.7 billion acquisition. Perhaps these factors mean that the all-important distribution is at some kind of risk.

Before we take a microscope to the dividend, let's take a moment to explore how W.P. Carey earns its money and what makes the REIT stand apart from many peers.

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Source Fool.com