WP Carey Inc. increases quarterly dividend to $1.057 per share | News

NEW YORK, March 10, 2022 /PRNewswire/ — WP Carey Inc. (WP Carey, NYSE: WPC) today announced that its Board of Directors has increased its quarterly cash dividend to $1.057 per share, i.e. an annualized dividend rate of $4.23 per share. The dividend is payable on April 14, 2022 to shareholders registered in March 31, 2022.

WP Carey Inc.

WP Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $22 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,304 net rental properties covering approximately 156 million square feet at December 31, 2021. For nearly five decades, the company has invested in high-quality industrial, warehouse, office, retail and single-tenant self-storage properties under long-term net leases with integrated rent indexations. Its portfolio is primarily in the United States and in the North and Western Europe and is well diversified by tenant, property type, geographic location and tenant industry.

www.wpcarey.com

Institutional investors:

Stone Sands

1 (212) 492-1110

[email protected]carey.com

Individual investors:

WP Carey Inc.

1 (212) 492-8920

[email protected]

press contact:

Anna McGrath

1 (212) 492-1166

[email protected]

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SOURCEWP Carey Inc.