W. P. Carey Inc.'s Board of Directors has approved an increase in its quarterly cash dividend
W. P. Carey Inc. (NYSE: WPC), a global net lease REIT, recently made an announcement. The company's Board of Directors has approved an increase in its quarterly cash dividend, demonstrating their commitment to enhancing shareholder value. This move reflects W. P. Carey's strong financial performance and the trust it has earned from its stakeholders.
In a press release issued on the company's official website, W. P. Carey revealed that its Board of Directors has decided to raise the quarterly cash dividend to $1.069 per share. This increase translates to an annualized dividend rate of $4.28 per share, making it an attractive proposition for investors seeking consistent returns. This decision underscores W. P. Carey's dedication to rewarding its stockholders and ensuring their continued satisfaction.
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