NEW YORK, Sept. 20, 2017 /PRNewswire/ -- W. P. Carey
Inc. (NYSE: WPC) reported today that its Board of Directors
increased its quarterly cash dividend to $1.005 per share, equivalent to an annualized
dividend rate of $4.02 per share. The
dividend is payable on October 16,
2017 to stockholders of record as of October 2, 2017.
W. P. Carey Inc.
W. P. Carey Inc. is a leading internally-managed net lease REIT
that provides long-term sale-leaseback and build-to-suit financing
solutions primarily for companies in the U.S. and Europe. At June 30,
2017, the Company had an enterprise value of approximately
$11.2 billion. In addition to its
owned portfolio of diversified global real estate, W. P. Carey manages a series of investment
programs with assets under management of approximately $13.2 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
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Press Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com
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SOURCE W. P. Carey Inc.