NEW YORK, June 19, 2014 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors had increased its quarterly cash dividend to $0.90 per share, which equates to an annualized rate of $3.60. Payable on July 15, 2014 to stockholders of record as of June 30, 2014, this marks W. P. Carey's 53rd consecutive quarterly dividend increase.
W. P. Carey Inc. W. P. Carey Inc. is a leading global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide. At March 31, 2014, the Company had an enterprise value of approximately $9.5 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 $7.3 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 dividend income to investors for over four decades. www.wpcarey.com
Institutional Investors: Peter Sands W. P. Carey Inc. 212-492-1110 firstname.lastname@example.org
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SOURCE W. P. Carey Inc.