W.P. Carey As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
WPC $4.28 0.6% 0.9% 0.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Commercial REIT 8.0% 25 0.8% Quarter 1998

Commercial real estate investment W. P. Carey (WPC) today announced that it will raise its quarterly dividend by another 0.2% to $1.057 per share. W.P. Carey has now raised its dividend for 24 consecutive years.

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.