NEW
YORK, June 16, 2022 /PRNewswire/ -- W. P. Carey
Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of
Directors increased its quarterly cash dividend to $1.059 per share, equivalent to an annualized
dividend rate of $4.24 per share. The
dividend is payable on July 15, 2022
to stockholders of record as of June 30,
2022.
W. P. Carey Inc.
W. P. Carey Inc. ranks among the largest net lease REITs with an
enterprise value of approximately $22
billion and a diversified portfolio of operationally
critical commercial real estate that includes 1,336 net lease
properties covering approximately 157 million square feet as of
March 31, 2022. For nearly five
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
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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/w-p-carey-inc-increases-quarterly-dividend-to-1-059-per-share-301569939.html
SOURCE W. P. Carey Inc.