Thursday, September 21, 2017

W.P. Carey dividend increase

NEW YORK, Sept. 20, 2017 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.005 per share, equivalent to an annualized dividend rate of $4.02 per share. The dividend is payable on October 16, 2017 to stockholders of record as of October 2, 2017.

Small increase is better than no increase :) Since I own 25 shares of WPC, this increase will raise my 12 month forward dividends by $0.5. Awesome.

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