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

Group 1 - W. P. Carey Inc. has increased its quarterly cash dividend to $0.880 per share, which translates to an annualized dividend rate of$3.52 per share [1] - The dividend is scheduled to be paid on January 15, 2025, to stockholders of record as of December 31, 2024 [1] Group 2 - W. P. Carey Inc. is one of the largest net lease REITs, with a diversified portfolio consisting of 1,430 net lease properties covering approximately 172 million square feet and 78 self-storage operating properties as of September 30, 2024 [2] - The company focuses on investing 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 [2]