W. P. Carey (WPC) Tops Q1 EPS by 7c; Affirms FFO Outlook
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May 4, 2018 7:30 AM EDT
NEW YORK, May 4, 2018 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a net lease real estate investment trust, today reported its financial results for the first quarter ended March 31, 2018.
Total Company
Net income attributable to W. P. Carey of $65.3 million, or $0.60 per diluted share                                       Â
AFFO of $138.4 million, or $1.28 per diluted share                                       Â
Quarterly cash dividend raised to $1.015 per share, equivalent to an annualized dividend rate of $4.06 per share                                       Â
Affirm 2018 AFFO guidance range of $5.30 to $5.50 per diluted share
Business Segments
Owned Real Estate
Segment net income attributable to W. P. Carey of $45.3...
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