NEW YORK, March 14, 2019 /PRNewswire/ -- W. P. Carey Inc.
(NYSE: WPC) reported today that its Board of Directors increased
its quarterly cash dividend to $1.032
per share, equivalent to an annualized dividend rate of
$4.13 per share. The dividend is
payable on April 15, 2019 to
stockholders of record as of March 29,
2019.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with an
enterprise value of approximately $17
billion and a diversified portfolio of
operationally-critical commercial real estate that includes 1,163
net lease properties covering approximately 131 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.