STOCK TITAN

W. P. Carey Increases Quarterly Dividend to $0.875 per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

W. P. Carey Inc. (NYSE: WPC) has announced an increase in its quarterly cash dividend to $0.875 per share, equivalent to an annualized dividend rate of $3.50 per share. The dividend will be payable on October 15, 2024 to stockholders of record as of September 30, 2024.

W. P. Carey is one of the largest net lease REITs, with a diverse portfolio of 1,291 net lease properties covering approximately 170 million square feet and 89 self-storage operating properties as of June 30, 2024. The company focuses on investing in single-tenant industrial, warehouse, and retail properties in the U.S. and Northern and Western Europe under long-term net leases with built-in rent escalations.

W. P. Carey Inc. (NYSE: WPC) ha annunciato un aumento del suo dividendo trimestrale in contante a 0,875 $ per azione, equivalente a un tasso di dividendo annualizzato di 3,50 $ per azione. Il dividendo sarà pagabile il 15 ottobre 2024 agli azionisti registrati al 30 settembre 2024.

W. P. Carey è uno dei maggiori REIT a locazione netta, con un portafoglio diversificato di 1.291 proprietà a locazione netta che coprono circa 170 milioni di piedi quadrati e 89 proprietà operative di self-storage al 30 giugno 2024. L'azienda si concentra sugli investimenti in proprietà industriali, magazzini e al dettaglio a singolo inquilino negli Stati Uniti e nel Nord e Ovest Europa, con contratti di locazione netta a lungo termine che includono aumenti di affitto programmati.

W. P. Carey Inc. (NYSE: WPC) ha anunciado un aumento en su dividendo en efectivo trimestral a $0.875 por acción, equivalente a una tasa de dividendo anualizada de $3.50 por acción. El dividendo se pagará el 15 de octubre de 2024 a los accionistas registrados a partir del 30 de septiembre de 2024.

W. P. Carey es uno de los mayores REIT de arrendamiento neto, con un portafolio diverso de 1,291 propiedades de arrendamiento neto que cubren aproximadamente 170 millones de pies cuadrados y 89 propiedades operativas de autoalmacenamiento al 30 de junio de 2024. La empresa se centra en invertir en propiedades industriales, de almacenamiento y de venta al por menor de un solo inquilino en EE. UU. y en el norte y oeste de Europa bajo arrendamientos netos a largo plazo con aumentos de renta incorporados.

W. P. Carey Inc. (NYSE: WPC)는 분기 현금 배당금을 주당 $0.875로 인상한다고 발표했습니다. 이는 연간 배당률 $3.50에 해당합니다. 배당금은 2024년 10월 15일에 결산 기준일인 2024년 9월 30일의 주주에게 지급될 예정입니다.

W. P. Carey는 하나의 임차인을 대상으로 한 산업, 창고 및 소매 속성을 장기 순 임대 계약 하에 투자하는 데 집중하며, 1,291개의 순 임대 속성을 보유하고 있으며, 총 면적은 약 1억 7천만 제곱피트이고 89개의 자체 저장 공간 운영 속성을 가지고 있습니다(2024년 6월 30일 기준).

W. P. Carey Inc. (NYSE: WPC) a annoncé une augmentation de son dividende en espèces trimestriel à 0,875 $ par action, ce qui équivaut à un taux de dividende annualisé de 3,50 $ par action. Le dividende sera versé le 15 octobre 2024 aux actionnaires enregistrés au 30 septembre 2024.

W. P. Carey est l'un des plus grands REIT à bail net, avec un portefeuille diversifié de 1 291 propriétés à bail net couvrant environ 170 millions de pieds carrés et 89 propriétés d'auto-stockage en exploitation au 30 juin 2024. L'entreprise se concentre sur l'investissement dans des propriétés industrielles, de stockage et de détail à locataire unique aux États-Unis et dans le nord et l'ouest de l'Europe sous des baux nets à long terme avec des augmentations de loyer intégrées.

W. P. Carey Inc. (NYSE: WPC) hat eine Erhöhung seiner vierteljährlichen Bardividende auf 0,875 $ pro Aktie bekannt gegeben, was einem annualisierten Dividendenbetrag von 3,50 $ pro Aktie entspricht. Die Dividende wird am 15. Oktober 2024 an die Aktionäre ausgezahlt, die am 30. September 2024 im Aktienregister stehen.

W. P. Carey gehört zu den größten REITs im Bereich der Nettomieten, mit einem diversifizierten Portfolio von 1.291 Nettomietobjekten, das etwa 170 Millionen Quadratfuß umfasst, sowie 89 selbstlagerspezifischen Betriebsobjekten zum 30. Juni 2024. Das Unternehmen konzentriert sich auf Investitionen in Einzelmieter-Industrie-, Lager- und Einzelhandelsimmobilien in den USA sowie in Nord- und Westeuropa unter langfristigen Nettomietverträgen mit integrierten Mietsteigerungen.

Positive
  • Increased quarterly dividend to $0.875 per share
  • Annualized dividend rate of $3.50 per share
  • Large and diverse portfolio of 1,291 net lease properties
  • 89 self-storage operating properties in portfolio
  • Focus on long-term net leases with built-in rent escalations
Negative
  • None.

NEW YORK, Sept. 19, 2024 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.875 per share, equivalent to an annualized dividend rate of $3.50 per share. The dividend is payable on October 15, 2024 to stockholders of record as of September 30, 2024.

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 1,291 net lease properties covering approximately 170 million square feet and a portfolio of 89 self-storage operating properties as of June 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.)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/w-p-carey-increases-quarterly-dividend-to-0-875-per-share-302253572.html

SOURCE W. P. Carey Inc.

FAQ

What is W. P. Carey's new quarterly dividend amount?

W. P. Carey (WPC) has increased its quarterly dividend to $0.875 per share.

When will W. P. Carey (WPC) pay its next dividend?

W. P. Carey will pay its next dividend on October 15, 2024 to stockholders of record as of September 30, 2024.

What is W. P. Carey's (WPC) annualized dividend rate?

W. P. Carey's new annualized dividend rate is $3.50 per share.

How many properties does W. P. Carey (WPC) own as of June 30, 2024?

As of June 30, 2024, W. P. Carey owns 1,291 net lease properties and 89 self-storage operating properties.

W.P. Carey Inc. (REIT)

NYSE:WPC

WPC Rankings

WPC Latest News

WPC Stock Data

11.70B
216.20M
1.21%
69.23%
1.56%
REIT - Diversified
Real Estate Investment Trusts
Link
United States of America
NEW YORK