{"id":456448,"date":"2021-03-11T16:33:16","date_gmt":"2021-03-11T21:33:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=456448"},"modified":"2021-03-11T16:33:16","modified_gmt":"2021-03-11T21:33:16","slug":"w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share\/","title":{"rendered":"W. P. Carey Inc. Increases Quarterly Dividend to $1.048 per Share"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 11, 2021<\/span> \/PRNewswire\/ &#8212; W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to <span class=\"xn-money\">$1.048<\/span> per share, equivalent to an annualized dividend rate of <span class=\"xn-money\">$4.19<\/span> per share. The dividend is payable on <span class=\"xn-chron\">April 15, 2021<\/span> to stockholders of record as of <span class=\"xn-chron\">March 31, 2021<\/span>.<\/p>\n<p>\n        <b><br \/>\n          <u>W. P. Carey Inc.<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately <span class=\"xn-money\">$19 billion<\/span> and a diversified portfolio of operationally-critical commercial real estate that includes 1,243 net lease properties covering approximately 144 million square feet as of <span class=\"xn-chron\">December 31, 2020<\/span>. 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 <span class=\"xn-location\">Western Europe<\/span> and is well-diversified by tenant, property type, geographic location and tenant industry.\u00a0<br \/><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3094744-1&amp;h=1146914212&amp;u=http%3A%2F%2Fwww.wpcarey.com%2F&amp;a=www.wpcarey.com\" rel=\"nofollow noopener noreferrer\">www.wpcarey.com<\/a>\u00a0<\/p>\n<p>\n        <b>Institutional Investors<\/b>: <br \/><span class=\"xn-person\">Peter Sands<\/span><br \/>W. P. Carey Inc. <br \/>212-492-1110 <br \/><a target=\"_blank\" href=\"mailto:institutionalir@wpcarey.com\" rel=\"nofollow noopener noreferrer\">institutionalir@wpcarey.com<\/a><\/p>\n<p>\n        <b>Individual Investors<\/b>: <br \/>W. P. Carey Inc. <br \/>212-492-8920 <br \/><a target=\"_blank\" href=\"mailto:ir@wpcarey.com\" rel=\"nofollow noopener noreferrer\">ir@wpcarey.com<\/a><\/p>\n<p>\n        <b>Press Contact<\/b>: <br \/><span class=\"xn-person\">Guy Lawrence<\/span><br \/>Ross &amp; Lawrence<br \/>212-308-3333<br \/><a target=\"_blank\" href=\"mailto:gblawrence@rosslawpr.com\" rel=\"nofollow noopener noreferrer\">gblawrence@rosslawpr.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder3620\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/326749\/w__p__carey_inc__logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/326749\/w__p__carey_inc__logo.jpg\" title=\"W. P. Carey Inc. Logo. (PRNewsFoto\/W. P. Carey Inc.)\" alt=\"W. P. Carey Inc. Logo. (PRNewsFoto\/W. P. Carey Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY07315&amp;sd=2021-03-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share-301245998.html\">http:\/\/www.prnewswire.com\/news-releases\/w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share-301245998.html<\/a><\/p>\n<p>SOURCE  W. P. Carey Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY07315&amp;Transmission_Id=202103111630PR_NEWS_USPR_____NY07315&amp;DateId=20210311\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 11, 2021 \/PRNewswire\/ &#8212; W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.048 per share, equivalent to an annualized dividend rate of $4.19 per share. The dividend is payable on April 15, 2021 to stockholders of record as of March 31, 2021. W. P. Carey Inc. W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $19 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,243 net lease properties covering approximately 144 million square feet as of December 31, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;W. P. Carey Inc. Increases Quarterly Dividend to $1.048 per Share&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-456448","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>W. P. Carey Inc. Increases Quarterly Dividend to $1.048 per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/w-p-carey-inc-increases-quarterly-dividend-to-1-048-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"W. P. Carey Inc. Increases Quarterly Dividend to $1.048 per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 11, 2021 \/PRNewswire\/ &#8212; W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.048 per share, equivalent to an annualized dividend rate of $4.19 per share. The dividend is payable on April 15, 2021 to stockholders of record as of March 31, 2021. W. P. Carey Inc. W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $19 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,243 net lease properties covering approximately 144 million square feet as of December 31, 2020. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, &hellip; Continue reading &quot;W. P. Carey Inc. 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