W. P. Carey Increases Quarterly Dividend to $0.890 per Share

Core Points - W. P. Carey Inc. has increased its quarterly cash dividend to $0.890 per share, resulting in an annualized dividend rate of$3.56 per share, payable on April 15, 2025 [1] Company Overview - W. P. Carey Inc. is one of the largest net lease REITs, with a diversified portfolio of high-quality commercial real estate, including 1,555 net lease properties covering approximately 176 million square feet and 78 self-storage operating properties as of December 31, 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]