This 23%-Yield REIT Stock Still Looks Shaky After Earnings
A few financial metrics suggest that Washington Prime Group may be getting its house in order, but others indicate that this high-yield dividend stock could continue to struggle.
A few financial metrics suggest that Washington Prime Group may be getting its house in order, but others indicate that this high-yield dividend stock could continue to struggle.
WPG earnings call for the period ending September 30, 2019.
With a 30% dividend yield, Washington Prime Group is either a screaming buy or a massive risk. Which is it?
A changing retail landscape calls for new strategies to help real estate investment trusts maintain growth.
Funds from operations plunged again at Washington Prime and PREIT last quarter, but one of the two REITs has a much better chance of bouncing back next year.
WPG earnings call for the period ending June 30, 2019.
This mall REIT advertises a near 30% dividend yield, but investors are betting that it's unsustainable.
Investors are worried about whether the downward spiral at J.C. Penney represents a threat to mid-tier mall owners.
The struggling mall REIT isn't making it easy for investors to understand how it is faring -- perhaps because its turnaround efforts aren't helping yet.
WPG earnings call for the period ending March 31, 2019.