WPC dividend yield: 6.27%. NNN dividend yield: 5.28%. W. P. Carey owns a diversified global net-lease portfolio including industrial, warehouse, and retail properties. After cutting its dividend in late 2023 to exit office properties, the company reset at a lower but more sustainable level. Wide geographic diversification across US and Europe distinguishes it from peers. NNN REIT (formerly National Retail Properties) is a Dividend King with 34+ consecutive years of dividend increases — one of only three REITs to achieve this status. Focuses on single-tenant properties with long-term net leases to operators in necessity-based retail sectors.
W. P. Carey owns a diversified global net-lease portfolio including industrial, warehouse, and retail properties. After cutting its dividend in late 2023 to exit office properties, the company reset at a lower but more sustainable level. Wide geographic diversification across US and Europe distinguishes it from peers.
NNN REIT (formerly National Retail Properties) is a Dividend King with 34+ consecutive years of dividend increases — one of only three REITs to achieve this status. Focuses on single-tenant properties with long-term net leases to operators in necessity-based retail sectors.
WPC currently offers a 6.27% yield (3.40/share/year) while NNN offers 5.28% (2.26/share/year). WPC provides higher current income. However, NNN has grown its dividend faster (2.8% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in WPC vs NNN earn per year?
With $10,000 invested today: WPC pays approximately $627/year. NNN pays approximately $528/year. With DRIP reinvestment over 10 years, these grow to $1,240/year (WPC) and $1,148/year (NNN).
Does WPC or NNN pay monthly dividends?
WPC pays quarterly dividends. NNN pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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