Better Dividend Stock: Rexford Industrial vs. W.P. Carey

Beauty is often in the eye of the beholder, a statement that is particularly true on Wall Street. That's a good setup for a comparison of two real estate investment trusts (REITs) that focus on industrial assets. Is W.P. Carey (NYSE: WPC) a better stock than Rexford Industrial (NYSE: REXR)? It depends on how you do the comparison. Here's what you need to know.As a net lease REIT, W.P. Carey's tenants are responsible for most property-level operating costs. Although any single property is high-risk, since most have only one tenant, across a wide enough portfolio the risk is pretty low. W.P. Carey owns 1,430 buildings with 346 tenants, so the risk is low here. In addition, it has exposure to both the North American and European markets, further increasing diversification.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool