NEW YORK, Sept. 18, 2019 /PRNewswire/ -- W. P. Carey
Inc. (NYSE: WPC) reported today that its Board of Directors
increased its quarterly cash dividend to $1.036 per share, equivalent to an annualized
dividend rate of $4.14 per share. The
dividend is payable on October 15,
2019 to stockholders of record as of September 30, 2019.
W. P. Carey Inc.
W. P. Carey Inc. ranks among the largest net lease REITs with an
enterprise value of approximately $20
billion and a diversified portfolio of
operationally-critical commercial real estate that includes 1,198
net lease properties covering approximately 137 million square
feet. For over four 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
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.