2023 Tax Results

W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2023. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends.

CUSIP 92936U109

2021 Tax Results table
FORM 1099-DIV Box 1a Box 2a Box 3 Box 1b Box 2b Box 2e Box 2f Box 5
Record Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions Nondividend Distributions Qualified Dividends (1) Unrecaptured Section 1250 Gain (2) Section 897 Ordinary Dividends(3) Section 897 Capital Gain (4) Section 199A Dividends (5) Section 1061 One-Year Amounts Disclosure (6) Section 1061 Three-Year Amounts Disclosure (6)
12/30/22 1/13/23 $1.065000 $0.8087588 $0.0728316 $0.1834096 $0.0024786 $0.0728316 $0.0648595 $0.0728316 $0.8062802 $0.0000000 $0.0000000
3/31/23 4/14/23 $1.067000 $0.8102776 $0.0729684 $0.1837540 $0.0024832 $0.0729684 $0.0649813 $0.0729684 $0.8077944 $0.0000000 $0.0000000
6/30/23 7/14/23 $1.069000 $0.8117964 $0.0731051 $0.1840985 $0.0024879 $0.0731051 $0.0651031 $0.0731051 $0.8093085 $0.0000000 $0.0000000
9/29/23 10/16/23 $1.071000 $0.8133152 $0.0732419 $0.1844429 $0.0024925 $0.0732419 $0.0652249 $0.0732419 $0.8108227 $0.0000000 $0.0000000
10/19/23(7) 11/1/23 $0.762667 $0.5791675 $0.0521561 $0.1313431 $0.0017749 $0.0521561 $0.0464471 $0.0521561 $0.5773926 $0.0000000 $0.0000000
  1. Qualified Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.
  2. Unrecaptured Section 1250 Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.
  3. Section 897 Ordinary Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.
  4. Section 897 Capital Gain is a subset of, and included in, the Taxable Capital Gain Distributions amount.
  5. Section 199A Dividends is a subset of, and included in, the Taxable Ordinary Dividends amount.
  6. For the purposes of Section 1061 of the Internal Revenue Code, the “one-year amounts disclosure” and “three-year amounts disclosure” related to the capital gain distributions reported in box 2a are generally applicable to direct and indirect holders of “applicable partnership interests”.
  7. The $0.762667 per share distribution represents the taxable distribution of shares of Net Lease Office Properties (NYSE: NLOP), that occurred in conjunction with the spin-off of NLOP on November 1, 2023. The per share distribution rate is based on the exchange ratio of one share of NLOP distributed for every 15 shares of W. P. Carey Inc. (NYSE: WPC) held and the fair market value (FMV) of NLOP shares distributed in the spin-off, which was determined to be $11.44 per NLOP share, using a three-day volume weighted average price (VWAP).

Access Tax Information

Stockholders whose shares are held at W. P. Carey’s transfer agent, Computershare Inc., may access their 2023 or historical Form 1099-DIV or Form 1099-B via Computershare's Investor Center. As a result of the Spin-off of Net Lease Office Properties (NYSE: NLOP) in 2023, which was a taxable distribution for U.S. federal income tax purposes, investors can expect to receive two 1099-DIVs issued by Computershare for 2023, one relating to cash dividends and one relating to the Spin-off.

Stockholders whose shares were held in a brokerage account during 2023 will receive their tax information from their brokerage firm or custodian.

Download item year list
Date Download Description
February 1, 2023
2023 Tax Year – Form 8937(opens in new window)
January 27, 2023
2022 Tax Year – Form 8937(opens in new window)
January 31, 2022
2021 Tax Year – Form 8937(opens in new window)
December 17, 2019
2019 Tax Year – Form 8937(opens in new window)
December 31, 2017
2017 Tax Year – Form 8937(opens in new window)
December 31, 2016
2016 Tax Year – Form 8937(opens in new window)
December 31, 2015
2015 Tax Year – Form 8937(opens in new window)
December 31, 2013
2013 Tax Year – Form 8937(opens in new window)
December 31, 2012
2012 Tax Year – Form 8937(opens in new window)

Tax Strategy

W. P. Carey intends to continue to operate as a REIT and maintain its tax status as a REIT. Our tax policy is to comply with the tax laws and regulations in all of the countries in which we operate, while maintaining our REIT status and maximizing shareholder returns.

For more information about our approach to tax, access our Tax Strategy below.

View Tax Strategy Tax Strategy