|Bid||60.00 x 100|
|Day's Range||67.61 - 68.50|
|52 Week Range||55.77 - 72.89|
|PE Ratio (TTM)||27.58|
|Earnings Date||Aug 2, 2017 - Aug 7, 2017|
|Dividend & Yield||4.00 (5.92%)|
|1y Target Est||65.29|
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NEW YORK , June 16, 2017 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.00 per share, equivalent to an annualized dividend ...
NEW YORK, June 15, 2017 /PRNewswire/ -- W. P. Carey Inc. (WPC), an internally-managed net lease real estate investment trust, announced today that its Board of Directors has approved a plan to exit all non-traded retail fundraising activities, in keeping with its long-term strategy of focusing exclusively on net lease investing for the Company's balance sheet. W. P. Carey's management and Board of Directors believes this approach will create long-term value for shareholders by optimizing the Company's cost of capital and enhancing its ability to grow Adjusted Funds From Operations (AFFO) through a combination of single-asset investments and portfolio acquisitions. In conjunction with this decision, the Company will cease all non-traded retail fundraising activities carried out by its wholly-owned broker-dealer subsidiary, Carey Financial LLC, effective June 30, 2017.