The current market environment is rocky as the 10-year bond yield approaches five percent (and its highest point in 16 years, which was reached prior to the 2008 subprime mortgage crisis). With the threat of higher interest rates lasting longer, perhaps into 2025, stocks have been taking a licking.
But instead of running for the exits, investors should realize there are still compelling opportunities in the stock market, including proven dividend payers. That’s the situation with WP Carey Inc (NYSE:WPC), one of the largest net lease real estate investment trusts (REITs).
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