W. P. Carey (WPC) Raises Quarterly Dividend 0.5% to $0.9800; 5.8% Yield

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W. P. Carey Inc. Increases Quarterly Dividend to $0.9800 per Share

June 16, 2016 4:30 PM EDT

NEW YORK, June 16, 2016 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.9800 per share, equivalent to an annualized dividend rate of $3.92 per share. The dividend is payable on July 15, 2016, to stockholders of record as of June 30, 2016.... More