NEW YORK, March 19, 2015 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.9525 per share, equivalent to an annualized dividend rate of $3.81 per share. Payable on April 15, 2015 to stockholders of record as of March 31, 2015, this marks W. P. Carey's 56th consecutive quarterly dividend increase.
W. P. Carey Inc.
W. P. Carey Inc. (NYSE: WPC) is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At December 31, 2014, the Company had an enterprise value of approximately $11.1 billion. In addition to its owned portfolio of diversified global real estate, W. P. Carey manages a series of non-traded REITs with assets under management of approximately $9.2 billion. Its corporate finance-focused credit and real estate underwriting process is a constant that has been successfully leveraged across a wide variety of industries and property types. Furthermore, its portfolio of long-term leases with creditworthy tenants has an established history of generating stable cash flows, enabling it to deliver consistent and rising dividend income to investors for over four decades.
www.wpcarey.com
Institutional Investors:
Peter Sands
W. P. Carey Inc.
212-492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
212-492-8920
ir@wpcarey.com
Press Contact:
Guy Lawrence
Ross & Lawrence
212-308-3333
gblawrence@rosslawpr.com
Logo- http://photos.prnewswire.com/prnh/20130604/NY25517LOGO-b
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/w-p-carey-inc-increases-quarterly-dividend-to-09525-per-share-300053308.html
SOURCE W. P. Carey Inc.