W. P. Carey (WPC) hikes dividend by 1.1%
W. P. Carey (WPC) raised its quarterly dividend by 1.1% to $0.95 per share on September 18, 2026. This is the REIT's third dividend hike of 2026, bringing the total increase for the year to 3.3%.
The new quarterly payout corresponds to an annualized dividend of $3.80 per share. At a share price of $66.09, W. P. Carey has a dividend yield of approximately 5.7%. The ex-dividend date is September 30, 2026. WPC shares are up 5.5% year-to-date, while the company has a market capitalization of approximately $15.1 billion.
W. P. Carey has now increased its dividend in three consecutive calendar years following the 19.2% reduction recorded in 2023. Annual dividend growth was 2.3% in 2024 and accelerated to 4.5% in 2025. With three quarterly increases announced so far in 2026, the dividend is up a cumulative 3.3% this year.
The recent pattern differs from the years before the 2023 cut, when W. P. Carey typically made small quarterly increases. Annual dividend growth was 0.8% in 2020, 0.9% in 2021 and 0.9% in 2022.
W. P. Carey is a real estate investment trust that owns a diversified portfolio of net-leased commercial properties, including industrial, warehouse and retail assets.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.