W. P. Carey Inc. Increases Quarterly Dividend to $1.03 per Share

News provided by

Dec 05, 2018, 16:30 ET

NEW YORK, Dec. 5, 2018 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.03 per share, equivalent to an annualized dividend rate of $4.12 per share. The dividend is payable on January 15, 2019 to stockholders of record as of December 31, 2018.

W. P. Carey Inc.
Celebrating its 45^th anniversary, W. P. Carey ranks among the largest diversified net lease REITs with an enterprise value of approximately $17 billion and a portfolio of operationally-critical commercial real estate that includes 1,186 net lease properties covering approximately 133 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 the U.S. 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]

SOURCE W. P. Carey Inc.