W.P. Carey, a real estate company, had a tough 2024! They sold off some office buildings because people are working from home more. This meant a smaller company and lower dividend payments (money paid to shareholders).
- They sold office buildings (16% of their rentals).
- Dividends were lower in 2024 but are rising again.
- They bought new properties with the money from the sales.
Fact | Number |
---|---|
Dividend per share in 2024 | $3.49 |
Money from office building sales | $1.6 Billion |
Expected new property purchases in 2025 | $1-1.5 Billion |