NEW
YORK, Sept. 14, 2023 /PRNewswire/ -- W. P. Carey
Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of
Directors increased its quarterly cash dividend to $1.071 per share, equivalent to an annualized
dividend rate of $4.28 per share. The
dividend is payable on October 16,
2023 to stockholders of record as of September 29, 2023.
W. P. Carey Inc.
Celebrating its 50th anniversary, W. P. Carey ranks among the
largest net lease REITs with an enterprise value of approximately
$23 billion and a well-diversified
portfolio of high-quality, operationally critical commercial real
estate, which includes 1,475 net lease properties covering
approximately 180 million square feet and a portfolio of 85
self-storage operating properties, as of June 30, 2023. With offices in New York, London, Amsterdam and Dallas, the company remains focused on
investing primarily in single-tenant, industrial, warehouse and
retail properties located in the U.S. and Northern and Western Europe, under long-term net leases
with built-in rent escalations.
www.wpcarey.com
Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com
Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com
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SOURCE W. P. Carey Inc.