|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||75.91 - 77.40|
|52 Week Range||60.68 - 78.51|
|Beta (5Y Monthly)||0.76|
|PE Ratio (TTM)||30.71|
|Earnings Date||Jul 29, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||4.20 (5.46%)|
|Ex-Dividend Date||Jun 29, 2021|
|1y Target Est||77.14|
W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.05 per share, equivalent to an annualized dividend rate of $4.20 per share. The dividend is payable on July 15, 2021 to stockholders of record as of June 30, 2021.
W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced three industrial investments totaling $137 million and covering approximately two million square feet. The investments comprise five operationally-critical properties net leased to industry-leading tenants, bringing investment volume year-to-date to approximately $900 million with a weighted-average lease term
There are three main reasons that few of its peers can match. Here's why long-term investors should look at this REIT.