Thursday, March 24, 2016

Recent Buy (HCP) and Sell(WPC) - March 23, 2016

Yesterday I sold more of my stake in WPC to diversify my portfolio more. I was a little weary of this trade as I am going from one REIT to another, but my goal for this trade was to reduce my exposure to WPC, not reduce my exposure to REIT's.

Here is a great analysis of HCP's dividend: http://www.suredividend.com/hcp-dividend-safety/


  • Sold 25 shares of WPC at $61.56 for a total of $1539 (still own 75 shares of WPC)
  • Bought 50 shares of HCP at $31.80 for a total of  $1590
This move actually increases my dividend projections by $17.50 annually. 

Full portfolio here.

What do you think of my move? 

Disclaimer: I am not a licensed investment professional. I am not liable for any losses suffered by any parties. Any information on this site is my opinion only and should not be used for investments of any kind.


  1. Always good to diversify. WPC and HCP are in two very different spaces even though they belong to the same category.


    1. Hi R2R. Yah I suppose that is true which is part of the reason I am OK owning both. Actually quite happy to own both :). Thanks for stopping by and commenting!

  2. With the exposure you had to WPC I don't blame you at all for wanting to reduce it some. Interesting that you went to the HC REIT space, although I really like the sector, as opposed to something that resembles WPC's mix a bit more. Although WPC likely doesn't have too many competitors that are similar considering their wide diversity of property types.

    1. Hi PIP, thanks for the comment. I will be further reducing my exposure to WPC and will probably not buy any more REITs near term. There are other names that I like better like DOV and PFE.