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W. P. Carey raises AFFO guidance and dividend, maintaining strong growth and high occupancy despite macro risks

Analyst Insights
29 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

W. P. Carey (WPC) continues to be rated a Buy due to its strong adjusted funds from operations (AFFO) growth, high occupancy rates, and attractive dividend yield. The company recently raised its AFFO guidance, increased investment targets, and executed another dividend hike while keeping a solid payout ratio. Despite challenges like macroeconomic headwinds and refinancing risks, WPC's CPI-linked leases and strategic shift toward retail and industrial assets position it well for long-term growth and potential re-rating. Its current valuation suggests a significant discount to intrinsic value, offering a compelling risk-reward profile for long-term investors even with conservative growth assumptions.

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