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W. P. Carey Announces Tax Treatment of 2024 Dividends

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W. P. Carey (NYSE: WPC) has released the tax treatment details for its 2024 dividends. The company distributed four quarterly dividends throughout 2024, showing a gradual increase from $0.86 to $0.875 per share. The distributions were split between ordinary dividends, capital gain distributions, and nondividend distributions.

As of September 30, 2024, W. P. Carey operates as one of the largest net lease REITs, managing 1,430 net lease properties spanning approximately 172 million square feet, along with 78 self-storage operating properties. The company's portfolio focuses on industrial, warehouse, and retail properties across the U.S. and Northern and Western Europe.

W. P. Carey (NYSE: WPC) ha rilasciato i dettagli sul trattamento fiscale dei dividendi per il 2024. L'azienda ha distribuito quattro dividendi trimestrali nel corso del 2024, mostrando un aumento graduale da $0.86 a $0.875 per azione. Le distribuzioni sono state suddivise tra dividendi ordinari, distribuzioni di guadagni in conto capitale e distribuzioni non dividendo.

Al 30 settembre 2024, W. P. Carey opera come uno dei più grandi REIT a locazione netta, gestendo 1.430 proprietà a locazione netta che coprono circa 172 milioni di piedi quadrati, insieme a 78 proprietà per il self-storage operative. Il portafoglio dell'azienda si concentra su proprietà industriali, magazzini e al dettaglio negli Stati Uniti e in Europa settentrionale e occidentale.

W. P. Carey (NYSE: WPC) ha publicado los detalles del tratamiento fiscal de sus dividendos para 2024. La compañía distribuyó cuatro dividendos trimestrales a lo largo de 2024, mostrando un aumento gradual de $0.86 a $0.875 por acción. Las distribuciones se dividieron entre dividendos ordinarios, distribuciones de ganancias de capital y distribuciones no correspondientes a dividendos.

Hasta el 30 de septiembre de 2024, W. P. Carey opera como uno de los REIT de arrendamiento neto más grandes, gestionando 1,430 propiedades de arrendamiento neto que abarcan aproximadamente 172 millones de pies cuadrados, junto con 78 propiedades operativas de autoalmacenamiento. El portafolio de la compañía se centra en propiedades industriales, de almacén y comerciales en EE. UU. y en Europa del Norte y Occidental.

W. P. Carey (NYSE: WPC)는 2024년 배당금에 대한 세금 처리 세부사항을 발표했습니다. 이 회사는 2024년 동안 4개의 분기 배당금을 지급했으며, 주당 $0.86에서 $0.875로 점진적인 증가를 보여주었습니다. 분배는 일반 배당금, 자본 이익 분배 및 비배당 분배로 나뉘었습니다.

2024년 9월 30일 기준으로, W. P. Carey는 1,430개의 순 임대 부동산을 관리하고 있는 가장 큰 순 임대 REIT 중 하나로 운영되고 있으며, 대략 172백만 평방 피트를 차지하고 있습니다. 또한 78개의 셀프 스토리지 운영 자산도 보유하고 있습니다. 회사의 포트폴리오는 미국 및 북유럽과 서유럽의 산업, 창고 및 소매 속성을 중심으로 구성되어 있습니다.

W. P. Carey (NYSE: WPC) a publié les détails concernant le traitement fiscal de ses dividendes pour 2024. L'entreprise a distribué quatre dividendes trimestriels au cours de l'année 2024, montrant une augmentation progressive de 0,86 $ à 0,875 $ par action. Les distributions ont été réparties entre dividendes ordinaires, distributions de gains en capital et distributions non liées aux dividendes.

Au 30 septembre 2024, W. P. Carey opère comme l'un des plus grands REIT de baux nets, gérant 1 430 propriétés locatives nettes s'étendant sur environ 172 millions de pieds carrés, ainsi que 78 propriétés de self-stockage en exploitation. Le portefeuille de la société se concentre sur des propriétés industrielles, des entrepôts et des commerces de détail aux États-Unis ainsi qu'en Europe du Nord et de l'Ouest.

W. P. Carey (NYSE: WPC) hat die Einzelheiten zur steuerlichen Behandlung seiner Dividenden für 2024 veröffentlicht. Das Unternehmen hat im Jahr 2024 vier vierteljährliche Dividenden ausgeschüttet, wobei ein allmählicher Anstieg von 0,86 $ auf 0,875 $ pro Aktie zu verzeichnen war. Die Ausschüttungen wurden zwischen ordentlichen Dividenden, Kapitalgewinnausschüttungen und nicht-dividenden Ausschüttungen aufgeteilt.

Am 30. September 2024 operiert W. P. Carey als einer der größten Net-Lease REITs und verwaltet 1.430 Net-Lease-Immobilien mit einer Gesamtfläche von etwa 172 Millionen Quadratfuß sowie 78 betriebsführende Self-Storage-Objekte. Das Portfolio des Unternehmens konzentriert sich auf Industrie-, Lager- und Einzelhandelsimmobilien in den USA sowie in Nord- und Westeuropa.

Positive
  • Consistent quarterly dividend increases from $0.86 to $0.875 per share throughout 2024
  • Large-scale operations with 1,430 net lease properties and 78 self-storage facilities
  • Geographic diversification across U.S. and Northern and Western Europe
  • Built-in rent escalations in lease agreements
Negative
  • None.

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2024. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends.

CUSIP 92936U109

FORM 1099-DIV

Box 1a

Box 2a

Box 3

Box 1b

Box 2b

Box 2f

Box 5



Record
Date

Payment
Date

Distribution
Per Share

Ordinary
Dividends

Capital Gain
Distributions

Nondividend
Distributions

Qualified
Dividends(1)

Unrecaptured
Section 1250
Gain(2)

Section 897
Capital
Gain(3)

Section
199A
Dividends(4)

Section 1061
One-Year
Amounts
Disclosure(5)

Section 1061
Three-Year
Amounts
Disclosure(5)

12/29/2023

1/16/2024

$0.8600000

$0.7610916

$0.0585543

$0.0403541

$0.0010442

$0.0383228

$0.0535645

$0.7600474

$0.0029650

$0.0029650

3/28/2024

4/15/2024

$0.8650000

$0.7655165

$0.0588947

$0.0405888

$0.0010503

$0.0385456

$0.0538759

$0.7644663

$0.0029823

$0.0029823

6/28/2024

7/15/2024

$0.8700000

$0.7699415

$0.0592351

$0.0408234

$0.0010563

$0.0387684

$0.0541873

$0.7688851

$0.0029995

$0.0029995

9/30/2024

10/15/2024

$0.8750000

$0.7743664

$0.0595756

$0.0410580

$0.0010624

$0.0389912

$0.0544987

$0.7733040

$0.0030167

$0.0030167





(1)

Qualified Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.


(2)

Unrecaptured Section 1250 Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.


(3)

Section 897 Capital Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.


(4)

Section 199A Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.


(5)

For the purposes of Section 1061 of the Internal Revenue Code, the "one-year amounts disclosure" and "three-year amounts disclosure" related to the capital gain distributions reported in box 2a are generally applicable to direct and indirect holders of "applicable partnership interests".

W. P. Carey Inc.

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,430 net lease properties covering approximately 172 million square feet and a portfolio of 78 self-storage operating properties as of September 30, 2024. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

www.wpcarey.com

Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com

Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com

Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com

W. P. Carey Inc. Logo. (PRNewsFoto/W. P. Carey Inc.) (PRNewsfoto/W. P. Carey Inc.)

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SOURCE W. P. Carey Inc.

FAQ

What were WPC's dividend payment amounts for each quarter in 2024?

WPC paid increasing quarterly dividends in 2024: $0.86 (January), $0.865 (April), $0.87 (July), and $0.875 (October).

How many properties does W. P. Carey own as of September 2024?

As of September 30, 2024, W. P. Carey owns 1,430 net lease properties totaling 172 million square feet and 78 self-storage operating properties.

What is the tax treatment breakdown of WPC's 2024 dividends?

The dividends were primarily composed of ordinary dividends, with smaller portions allocated to capital gain distributions and nondividend distributions. Each payment included qualified dividends, unrecaptured Section 1250 gain, and Section 897 capital gain components.

What types of properties does WPC primarily invest in?

WPC primarily invests in single-tenant industrial, warehouse, and retail properties located in the U.S. and Northern and Western Europe under long-term net leases.

W.P. Carey Inc.

NYSE:WPC

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