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W. P. Carey Increases Quarterly Dividend to $0.880 per Share

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W. P. Carey (NYSE: WPC) announced a dividend increase, with its Board of Directors raising the quarterly cash dividend to $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share. The dividend will be paid on January 15, 2025 to stockholders of record as of December 31, 2024.

The company is among the largest net lease REITs, managing a diversified portfolio of 1,430 net lease properties spanning approximately 172 million square feet and 78 self-storage operating properties as of September 30, 2024. WPC focuses on single-tenant, industrial, warehouse and retail properties in the U.S. and Northern and Western Europe.

W. P. Carey (NYSE: WPC) ha annunciato un aumento del dividendo, con il Consiglio di Amministrazione che ha elevato il dividendo in contanti trimestrale a $0,880 per azione, equivalente a un tasso di dividendo annualizzato di $3,52 per azione. Il dividendo sarà pagato il 15 gennaio 2025 agli azionisti registrati al 31 dicembre 2024.

La società è tra i più grandi REIT a locazione netta, gestendo un portafoglio diversificato di 1.430 proprietà a locazione netta che si estendono per circa 172 milioni di piedi quadrati e 78 proprietà di self-storage operative a partire dal 30 settembre 2024. WPC si concentra su proprietà industriali, magazzini e al dettaglio con un unico affittuario negli Stati Uniti e nel Nord e nella parte occidentale dell'Europa.

W. P. Carey (NYSE: WPC) anunció un aumento del dividendo, con su Junta Directiva elevando el dividendo en efectivo trimestral a $0,880 por acción, equivalente a una tasa de dividendo anualizada de $3,52 por acción. El dividendo se pagará el 15 de enero de 2025 a los accionistas registrados hasta el 31 de diciembre de 2024.

La empresa se encuentra entre los mayores REIT de arrendamiento neto, administrando un portafolio diversificado de 1,430 propiedades de arrendamiento neto que abarcan aproximadamente 172 millones de pies cuadrados y 78 propiedades de almacenamiento en operación a partir del 30 de septiembre de 2024. WPC se enfoca en propiedades industriales, de almacén y comerciales con inquilinos únicos en los EE. UU. y en el norte y oeste de Europa.

W. P. Carey (NYSE: WPC)는 분기 배당금을 주당 $0.880으로 인상한다고 발표했습니다. 이는 주당 연간 배당률이 $3.52에 해당합니다. 배당금은 2025년 1월 15일에 2024년 12월 31일 기준 주주들에게 지급될 예정입니다.

이 회사는 가장 큰 순 리스 REIT 중 하나로, 2024년 9월 30일 기준으로 약 1,430개의 순 리스 자산과 1억 7200만 평방 피트를 넘어서는 포트폴리오 및 78개의 셀프 저장 운영 자산을 관리합니다. WPC는 미국과 북유럽 및 서유럽의 단일 세입자 산업, 창고 및 소매 부동산에 중점을 두고 있습니다.

W. P. Carey (NYSE: WPC) a annoncé une augmentation du dividende, le Conseil d'Administration ayant relevé le dividende trimestriel en espèces à 0,880 $ par action, ce qui équivaut à un taux de dividende annualisé de 3,52 $ par action. Le dividende sera payé le 15 janvier 2025 aux actionnaires enregistrés au 31 décembre 2024.

L'entreprise fait partie des plus grands REIT de location nette, gérant un portefeuille diversifié de 1.430 propriétés à location nette s'étendant sur environ 172 millions de pieds carrés et 78 propriétés de stockage en libre-service opérationnelles au 30 septembre 2024. WPC se concentre sur des propriétés industrielles, d'entrepôt et de commerce à locataire unique aux États-Unis ainsi qu'en Europe du Nord et de l'Ouest.

W. P. Carey (NYSE: WPC) hat eine Dividendenerhöhung angekündigt, wobei der Vorstand die vierteljährliche Bardividende auf 0,880 $ pro Aktie erhöht hat, was einer annualisierten Dividendenrate von 3,52 $ pro Aktie entspricht. Die Dividende wird am 15. Januar 2025 an die Aktionäre ausgezahlt, die zum 31. Dezember 2024 eingetragen sind.

Das Unternehmen gehört zu den größten REITs für Nettomieten und verwaltet ein diversifiziertes Portfolio von 1.430 Nettomietimmobilien, das etwa 172 Millionen Quadratfuß und 78 operativen Self-Storage-Immobilien umfasst, mit Stand vom 30. September 2024. WPC konzentriert sich auf Einzelmieter, Industrie-, Lager- und Handelsimmobilien in den USA sowie in Nord- und Westeuropa.

Positive
  • Increased quarterly dividend to $0.880 per share
  • Large diversified portfolio of 1,430 net lease properties
  • Significant footprint with 172 million square feet of commercial real estate
  • Geographic diversification across U.S. and Northern and Western Europe
  • Built-in rent escalations in lease agreements
Negative
  • None.

NEW YORK, Dec. 12, 2024 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share. The dividend is payable on January 15, 2025 to stockholders of record as of December 31, 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 1,430 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 is W. P. Carey's new quarterly dividend amount for 2025?

W. P. Carey's new quarterly dividend is $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share.

When will WPC pay its next dividend?

WPC will pay its next dividend on January 15, 2025, to stockholders of record as of December 31, 2024.

How many properties does WPC currently manage in its portfolio?

As of September 30, 2024, WPC manages 1,430 net lease properties and 78 self-storage operating properties.

What is the total square footage of WPC's net lease portfolio?

WPC's net lease portfolio covers approximately 172 million square feet.

What types of properties does WPC primarily invest in?

WPC primarily invests in single-tenant, industrial, warehouse and retail properties under long-term net leases with built-in rent escalations.

W.P. Carey Inc. (REIT)

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