W.P. Carey hikes dividend by 1.1%
On June 12, 2025, W.P. Carey (WPC) announced a dividend hike of 1.1% to $0.90 quarterly per share. This is the company's second dividend increase for 2025.
W.P. Carey already did a 1 cent dividend hike in the first quarter, now followed up by another 1 cent dividend hike to 90 cents per share in Q2. The total dividend increase in 2025 jumps to 2.3%. Don't forget however that W.P. Carey cut its dividend 19.2% two years ago, ending 25 consecutive years of increases.
The dividend yield for WPC is 5.6% at a stock price of $63.36. The next ex-date is June 30, 2025.
W. P. Carey Inc. is a net lease commercial real estate investment trust that provides real estate-based financing solutions. The company invests in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. W.P. Carey has paid a dividend every year since going public in 1998.