NEW YORK, Sept. 19, 2018 /PRNewswire/ -- W. P. Carey
Inc. (NYSE: WPC) reported today that its Board of Directors
increased its quarterly cash dividend to $1.025 per share, equivalent to an annualized
dividend rate of $4.10 per share. The
dividend is payable on October 15,
2018 to stockholders of record as of October 1, 2018.
W. P. Carey Inc.
Celebrating its 45th anniversary, W.
P. Carey (NYSE:WPC) ranks among the largest diversified net lease
REITs with an enterprise value of over $11
billion and a portfolio of operationally-critical commercial
real estate totaling 878 properties covering approximately 87
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
North America 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.