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
45th 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
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.