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Stock impact report

W.P. Carey Announces Dividend Rise: Is the Hike Sustainable? [Yahoo! Finance]

W. P. Carey Inc. REIT (WPC) 
Last w. p. carey inc. reit earnings: 5/1 07:30 am Check Earnings Report
US:NYSE Investor Relations: wpcarey.com/investor-relations
Company Research Source: Yahoo! Finance
WPC will now pay a quarterly cash dividend of 91 cents per share, up from 90 cents paid in the prior quarter. The increased amount will be paid out on Oct. 15 to shareholders on record as of Sept. 30, 2025. Based on the increased rate, the annual dividend comes to $3.64 a share, resulting in an annualized yield of 5.4%, considering WPC's closing price of $67.45 on Sept. 18. Solid dividend payouts are arguably the biggest enticement for investment in REIT stocks. However, in December 2023, WPC reduced its dividend to 86 cents from the prior quarter's dividend payment of $1.07. The move resulted from the company's strategic plan to exit its office assets and maintain a lower payout ratio. Thereafter, it maintained a disciplined capital distribution strategy and started increasing gradually, which is encouraging. Check out W.P. Carey's dividend history here WPC's Dividend Payout: Sustainable or Not? W.P. Carey has one of the largest portfolios of single-tenant net lease commercial Show less Read more
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