W. P. Carey Inc. Increases Quarterly Dividend to $1.020 per Share
NEW YORK, June 14, 2018 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.020 per share, equivalent to an annualized dividend rate of $4.08 per share. The dividend is payable on July 16, 2018 to stockholders of record as of June 29, 2018.
W. P. Carey Inc. Celebrating its 45th anniversary, W. P. Carey (NYSE:WPC) ranks among the largest diversified net lease REITs with an enterprise value of over $10 billion and a portfolio of operationally-critical commercial real estate totaling 886 properties covering approximately 85 million square feet. For over four decades the Company has invested in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in North America and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. www.wpcarey.com
Institutional Investors: Peter Sands W. P. Carey Inc. 212-492-1110 [email protected]
Individual Investors: W. P. Carey Inc. 212-492-8920 [email protected]
Press Contact: Guy Lawrence Ross & Lawrence 212-308-3333 [email protected]
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