W.P. Carey As of November 12, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
WPC $4.21 0.6% 0.8% 0.8%
Business yield Hike yrs 5 yr CAGR freq. paid since
Commercial REIT 5.4% 23 1.2% Quarter 1998
W.P. Carey has now raised its dividend for 22 consecutive years. © dividendhike.com
W.P. Carey has now raised its dividend for 22 consecutive years. © dividendhike.com

W. P. Carey (WPC) will raise its quarterly dividend by 0.2 percent to $1.040 per share, marking the company’s 76th consecutive quarterly dividend increase since going public in 1998. Last year W.P. Carey raised its dividend by a total of 0.8 percent.

The next dividend is payable on April 15, 2020 to stockholders of record as of March 31, 2020. The new annualized dividend rate of $4.16 per share yields 5.6% at a stock price of $73.88. The company has raised its dividend for 21 consecutive years and 2020 will mark the 22nd straight year of higher dividends.

W. P. Carey Inc. is a net lease commercial real estate investment trust that provides real estate-based financing solutions. The company invests in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. W.P. Carey has paid a dividend every year since going public in 1998.

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Ex-date Ticker Yield YTD hike
Dec 06 CTXS 1.7% 5.7%
Dec 06 CI 1.8% 9900.0%
Dec 06 WRB 0.6% 8.3%
Dec 07 AEE 2.6% 6.8%
Dec 07 AME 0.6% 11.1%
Dec 08 KIM 2.9% 6.3%
Dec 08 NEM 3.7% 37.5%
Dec 09 BDX 1.4% 4.8%
Dec 09 ADP 1.8% 11.8%
Dec 09 NTRS 2.2% 0.0%