W. P. Carey Inc. Increases Quarterly Dividend to $0.985 per Share

Donnerstag, 22.09.2016 22:55 von

PR Newswire

NEW YORK, Sept. 22, 2016 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), an internally-managed global net lease REIT specializing in corporate sale-leaseback and build-to-suit financing, reported today that its Board of Directors increased its quarterly cash dividend to $0.985 per share, equivalent to an annualized dividend rate of $3.94 per share. The dividend is payable on October 14, 2016, to stockholders of record as of October 3, 2016.

W. P. Carey Inc.
W. P. Carey Inc. is a leading internally-managed net lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At June 30, 2016, the Company had an enterprise value of approximately $11.7 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded publicly registered investment programs with assets under management of approximately $11.7 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades.
www.wpcarey.com

Company Contacts:

Institutional Investors contact:
Peter Sands 
W. P. Carey Inc. 
212-492-1110 
institutionalir@wpcarey.com

Individual Investors contact
W. P. Carey Inc. 
212-492-8920 
ir@wpcarey.com

Media contact:
Anna McGrath
W. P. Carey Inc.
212-492-1166
amcgrath@wpcarey.com

 

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SOURCE W. P. Carey Inc.