Le Lézard
Classified in: Business
Subjects: DIV, FVT

W. P. Carey Inc. Increases Quarterly Dividend to $1.036 per Share

NEW YORK, Sept. 18, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.036 per share, equivalent to an annualized dividend rate of $4.14 per share. The dividend is payable on October 15, 2019 to stockholders of record as of September 30, 2019.

W. P. Carey Inc.

W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $20 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,198 net lease properties covering approximately 137 million square feet. For over four decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.

Institutional Investors:
Peter Sands
W. P. Carey Inc.

Individual Investors:
W. P. Carey Inc.

Press Contact:
Guy Lawrence
Ross & Lawrence

W. P. Carey Inc. Logo. (PRNewsFoto/W. P. Carey Inc.)


SOURCE W. P. Carey Inc.

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