NEW YORK, Sept. 16, 2021 /PRNewswire/ -- W. P. Carey
Inc. (NYSE: WPC) reported today that its Board of Directors
increased its quarterly cash dividend to $1.052 per share, equivalent to an annualized
dividend rate of $4.21 per share. The
dividend is payable on October 15,
2021 to stockholders of record as of September 30, 2021.
W. P. Carey Inc.
W. P. Carey Inc. ranks among the largest net lease REITs with an
enterprise value of approximately $21
billion and a diversified portfolio of
operationally-critical commercial real estate that includes 1,266
net lease properties covering approximately 150 million square feet
as of June 30, 2021. For nearly five
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.
www.wpcarey.com
Institutional Investors:
Peter Sands
212-492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Press Contact:
Anna McGrath
212-492-1166
amcgrath@wpcarey.com
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SOURCE W. P. Carey Inc.