5 Best Long-Term Dividend Stocks with Over 4% Yield

4. W. P. Carey Inc. (NYSE:WPC)

Dividend Yield as of April 4: 5.23%

Number of Years of Consecutive Dividend Increases: 26

Number of Hedge Fund Holders: 20

W. P. Carey Inc. (NYSE:WPC) is a New York-based real estate investment trust that leases out single-tenant industrial, warehouse, office, retail, and self-storage properties to commercial tenants. W. P. Carey Inc. (NYSE:WPC) has a history of increasing its annual dividend payments for 26 years consecutively. 

On March 11, W. P. Carey Inc. (NYSE:WPC) announced a $1.057 per share quarterly dividend, a 0.2% increase from its earlier dividend of $1.055. The dividend is payable on April 14, to shareholders of record on March 31. W. P. Carey Inc. (NYSE:WPC)’s dividend yield on April 4 stood at 5.23%, above the industry average of 4.46%. 

Dmitry Balyasny’s Balyasny Asset Management is the largest shareholder of W. P. Carey Inc. (NYSE:WPC) as of Q4 2021, with 383,804 shares worth $31.4 million. Overall, 20 hedge funds were bullish on the stock at the end of December 2021, compared to 24 funds in the prior quarter.