Commodities: W. P. Carey Inc. Increases Quarterly Dividend To $1.01 Per Share >WPC

Press Release: W. P. Carey Inc. Increases Quarterly Dividend to $1.01 per Share

W. P. Carey Inc. Increases Quarterly Dividend to $1.01 per Share

PR Newswire

NEW YORK, Dec. 6, 2017

NEW YORK, Dec. 6, 2017 /PRNewswire/ — W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.01 per share, equivalent to an annualized dividend rate of $4.04 per share. The dividend is payable on January 16, 2018 to stockholders of record as of December 29, 2017.

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 primarily for companies in the U.S. and Europe. At September 30, 2017, the Company had an enterprise value of approximately $11.4 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of investment programs with assets under management of approximately $13.2 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

Institutional Investors:

Peter Sands

W. P. Carey Inc.

212-492-1110

[email protected]

Individual Investors:

W. P. Carey Inc.

212-492-8920

[email protected]

Press Contact:

Guy Lawrence

Ross & Lawrence

212-308-3333

[email protected]

View original content with multimedia:http://www.prnewswire.com/news-releases/w-p-carey-inc-increases-quarterly-dividend-to-101-per-share-300568028.html

SOURCE W. P. Carey Inc.

/Web site: http://www.wpcarey.com