WPC boosts its dividend 1.1% to $0.92 quarterly, lifting the annual payout to $3.68 and a 5.6% yield, as fundamentals support long-term sustainability.
W.P. Carey delivered solid Q3 results, beating estimates and showing year-over-year growth in AFFO and revenue despite temporary occupancy declines. WPC's well-covered 5%+ dividend yield, below-peer valuation, and strong liquidity position make it attractive for long-term income-focused investors. Risks remain from tenant concentration and macroeconomic uncertainty, but WPC's capital recycling and investment activity support future growth potential.
W.P. Carey (WPC) reported earnings 30 days ago. What's next for the stock?
| Diversified REITs Industry | Real Estate Sector | Jason E. Fox CEO | XFRA Exchange | US92936U1097 ISIN |
| US Country | 203 Employees | 30 Sep 2025 Last Dividend | 2 Nov 2023 Last Split | 21 Jan 1998 IPO Date |
Celebrating its 50th anniversary, W. P. Carey stands as a titan in the field of net lease real estate investment trusts (REITs), asserting its position amongst the largest entities in the sector. Boasting a well-diversified and high-quality portfolio, the company oversees 1,413 net lease properties spreading over approximately 171 million square feet. Additionally, it has a significant presence in the self-storage sector, managing a collection of 86 operating properties, adjusted post the Spin-Off of NLOP, as of the end of September 2023. W. P. Carey's geographical footprint extends across major global markets, with strategic offices located in New York, London, Amsterdam, and Dallas. The firm exhibits a keen investment focus, predominantly targeting single-tenant industrial, warehouse, and retail properties situated in the U.S., Northern, and Western Europe. These investments are typically structured under long-term net leases featuring built-in rent escalations, ensuring stable and growing returns over time. The company's enduring commitment to investing in operationally critical commercial real estate has solidified its reputation as a reliable partner for tenants and investors alike, offering both stability and growth potential in a dynamic market landscape.
W. P. Carey is a specialized investor and provider of capital solutions in the real estate sector, focusing on high-quality, operationally critical properties under long-term net lease agreements. Here's a brief overview of their primary services: