W. P. Carey Inc. Increases Quarterly Dividend to $1.032 per Share

NEW YORK, March 14, 2019 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.032 per share, equivalent to an annualized dividend rate of $4.13 per share. The dividend is payable on April 15, 2019 to stockholders of record as of March 29, 2019.

W. P. Carey Inc.

W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $17 billion and a diversified portfolio of operationally-critical commercial real estate that includes 1,163 net lease properties covering approximately 131 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 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 [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.