There's nothing wrong with buying high-yield stocks, but you need to look past the yield alone to see the full story with Annaly Capital.
W. P. Carey (NYSE: WPC) recently revealed plans to strategically exit the office sector. The move will enable the diversified real estate investment trust (REIT) to focus on real estate sectors with better long-term demand dynamics. Here's a look at the diversified REIT's strategy to exit the office sector and how that will impact its 7.1%-yielding dividend.
Large, well-run companies often get cheaper when Wall Street hits the skids, despite their proven staying power.