W. P. Carey Inc. Increases Quarterly Dividend to $1.025 per Share

NEW YORK, Sept. 19, 2018 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.025 per share, equivalent to an annualized dividend rate of $4.10 per share. The dividend is payable on October 15, 2018 to stockholders of record as of October 1, 2018.

W. P. Carey Inc.Celebrating its 45th anniversary, W. P. Carey (NYSE: WPC) ranks among the largest diversified net lease REITs with an enterprise value of over $11 billion and a portfolio of operationally-critical commercial real estate totaling 878 properties covering approximately 87 million square feet. For over four decades, the company has invested in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in North America 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 [email protected]

Individual Investors: W. P. Carey Inc. 212-492-8920 [email protected]

Press Contact:Guy LawrenceRoss & Lawrence212-308-3333[email protected]

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SOURCE W. P. Carey Inc.