NEW YORK, Dec. 6, 2017 /PRNewswire/ -- W. P. Carey Inc.
(NYSE: WPC) reported today that its Board of Directors increased
its quarterly cash dividend to $1.01
per share, equivalent to an annualized dividend rate of
$4.04 per share. The dividend is
payable on January 16, 2018 to
stockholders of record as of December 29,
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 September 30, 2017, the Company had an enterprise value of
approximately $11.4 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.