W. P. Carey (WPC) Raises Quarterly Dividend 0.5% to $1.00; 5.9% Yield

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Go back to W. P. Carey (WPC) Raises Quarterly Dividend 0.5% to $1.00; 5.9% Yield

W. P. Carey Inc. Increases Quarterly Dividend to $1.00 per Share

June 16, 2017 7:30 AM EDT

NEW YORK, June 16, 2017 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.00 per share, equivalent to an annualized dividend rate of $4.00 per share. The dividend is payable on July 14, 2017 to stockholders of record as of June 30, 2017.

Mark J. DeCesaris, W. P. Carey's Chief Executive Officer, said, "We believe our exclusive focus... More