W. P. Carey Inc. Increases Quarterly Dividend to $1.025 per Share

NEW YORK, Sept. 19, 2018 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.025 per share, equivalent to an annualized dividend rate of $4.10 per share. The dividend is payable on October 15, 2018 to stockholders of record as of October 1, 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 $11 billion and a portfolio of operationally-critical commercial real estate totaling 878 properties covering approximately 87 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
[e-mail]

Individual Investors:
W. P. Carey Inc.
212-492-8920
[e-mail]

Press Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
[e-mail]

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/w-p-carey-inc-increases-quarterly-dividend-to-1-025-per-share-300715669.html

SOURCE W. P. Carey Inc.

Copyright 2018 PR Newswire