W. P. Carey Increases its Quarterly Dividend to $0.890 per Share

W. P. Carey Increases Quarterly Dividend

W. P. Carey Inc., a prominent real estate investment trust (REIT), has announced a significant increase in its quarterly cash dividend. Effective from the upcoming payment date, shareholders will receive $0.890 per share. This dividend hike translates to an impressive annualized rate of $3.56 per share, reflecting the company's dedication to delivering strong returns to its investors.

The Board of Directors approved this increase on March 13, 2025, signaling a robust financial position as W. P. Carey continues to enhance its shareholder value. This dividend payment will be made on April 15, 2025, to all stockholders who are on record by March 31, 2025, showcasing the firm's operational stability and commitment to consistent cash returns.

As one of the largest net lease REITs globally, W. P. Carey boasts a diverse portfolio that spans a range of high-quality commercial properties. As of December 31, 2024, the company had a total of 1,555 net lease properties, covering approximately 176 million square feet. Additionally, it includes 78 self-storage operating properties, which further diversifies its asset base and enhances its income-generating capacity.

The firm's strategic investments primarily focus on single-tenant, industrial, warehouse, and retail properties, predominantly located in the United States as well as Northern and Western Europe. Each of these properties is secured under long-term net leases that typically incorporate built-in rent escalations, ensuring a steady income stream that supports dividend payouts.

W. P. Carey operates through several prominent global offices, including those in New York, London, Amsterdam, and Dallas. This international presence not only enhances its investment reach but also positions it to efficiently manage and leverage opportunities across various markets.

Investor confidence in W. P. Carey remains strong, as evidenced by the timely announcement of this dividend increase. The company’s focus on operationally critical assets and commitment to delivering shareholder value is evident as it continues to strategically navigate the complexities of real estate and financial markets. As investors eagerly await the upcoming payouts, the outlook for W. P. Carey appears promising, bolstered by its strong operational backbone and diversified real estate investments.

To find out more about W. P. Carey and its financial performance, visit their official website at www.wpcarey.com. Investors and stakeholders can also reach out directly to their institutional investor relations team or their individual investor support for more detailed inquiries regarding holdings, performance, and future projections.

With this increase, W. P. Carey's commitment to its shareholders is clear: they aim not only to sustain but to grow their dividend payouts, reflecting both ambition and competence in a competitive market environment.