WPC dividend yield: 6.27%. PM dividend yield: 4.27%. 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. Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
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.
Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
WPC currently offers a 6.27% yield (3.40/share/year) while PM offers 4.27% (5.40/share/year). WPC provides higher current income. However, PM 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 PM earn per year?
With $10,000 invested today: WPC pays approximately $627/year. PM pays approximately $427/year. With DRIP reinvestment over 10 years, these grow to $1,240/year (WPC) and $722/year (PM).
Does WPC or PM pay monthly dividends?
WPC pays quarterly dividends. PM 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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