W. P. Carey (WPC) Reports Q1 FFO of $1.25

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Go back to W. P. Carey (WPC) Reports Q1 FFO of $1.25

W. P. Carey Inc. Announces First Quarter 2020 Financial Results

May 1, 2020 7:30 AM EDT

NEW YORK, May 1, 2020 /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, 2020.

Total Company

Net income attributable to W. P. Carey of $66.1 million, or $0.38 per diluted share   AFFO of $216.5 million, or $1.25 per diluted share   Quarterly cash dividend raised to $1.04 per share, equivalent to an annualized dividend rate of $4.16 per share   2020 AFFO guidance withdrawn due to... More