PR Newswire
NEW YORK , June 17, 2021 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.05 per share, equivalent to an annualized dividend rate of $4.20 per share. The dividend is payable on July 15, 2021 to stockholders of record as of June 30, 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 1,261 net lease properties covering approximately 146 million square feet as of March 31, 2021 . 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
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com
Individual Investors :
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Press Contact :
Anna McGrath
W. P. Carey Inc.
212-492-1166
amcgrath@wpcarey.com
SOURCE W. P. Carey Inc.