W. P. Carey (WPC) Misses Q1 FFO by 2c, FY FFO Guidance Tops Views at Midpoint

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Go back to W. P. Carey (WPC) Misses Q1 FFO by 2c, FY FFO Guidance Tops Views at Midpoint

W. P. Carey Inc. Announces First Quarter 2017 Financial Results

May 9, 2017 7:30 AM EDT

NEW YORK, May 9, 2017 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), an internally-managed net lease real estate investment trust, today reported its financial results for the first quarter ended March 31, 2017.

Total Company

Net income attributable to W. P. Carey of $57.5 million, or $0.53 per diluted share               AFFO of $134.2 million, or $1.25 per diluted share                  Affirm 2017 AFFO guidance range of $5.10 to $5.30 per diluted share                         Quarterly cash dividend raised to $0.9950 per share, equivalent to an annualized dividend rate of $3.98 per share

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