NEW YORK, Dec. 10, 2014 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.95 per share, which equates to an annualized rate of $3.80 per share. Payable on January 15, 2015 to stockholders of record as of December 31, 2014, this marks W. P. Carey's 55th consecutive quarterly dividend increase.
W. P. Carey Inc.
W. P. Carey Inc. (NYSE: WPC) is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At September 30, 2014, the Company had an enterprise value of approximately $9.8 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded REITs with assets under management of approximately $8.3 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades.
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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SOURCE W. P. Carey Inc.
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