W. P. Carey Inc. reported on June 12, 2025, that its Board of Directors increased the quarterly cash dividend to $0.900 per share. This latest adjustment brings the annualized dividend rate to $3.60 per share. The dividend is payable on July 15, 2025, to stockholders of record as of June 30, 2025.
This marks the fifth consecutive quarterly dividend increase by W. P. Carey within a 12-month period, highlighting the company's consistent financial strength and commitment to shareholder returns. The repeated increases underscore management's confidence in the stability and growth potential of its diversified net lease portfolio. Such a pattern of dividend growth is a strong positive signal for income-oriented investors.
The company's portfolio, as of March 31, 2025, comprised 1,614 net lease properties spanning approximately 177 million square feet, leased to 366 tenants. These properties, primarily industrial, warehouse, and retail assets in the U.S. and Northern/Western Europe, are characterized by long-term net leases with built-in rent escalations, providing a robust foundation for these dividend distributions.
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