W. P. Carey Announces Quarterly Distribution

Thu Dec 13, 2012 8:00am EST

* Reuters is not responsible for the content in this press release.

  NEW YORK, NY, Dec 13 (Marketwire) -- 
W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors
had increased its fourth quarter 2012 cash distribution to $0.66 per
share, which equates to an annualized rate of $2.64. Payable on January
15, 2013 to shareholders of record as of December 31, 2012, this marks
the Company's 47th consecutive dividend increase.

    W. P. Carey Inc.
 W. P. Carey Inc. is a publicly traded REIT (NYSE: WPC)
that provides long-term sale-leaseback and build-to-suit financing for
companies worldwide and manages an investment portfolio of approximately
$13.7 billion. The largest owner/manager of net lease assets, our
corporate finance-focused credit and real estate underwriting process is
a constant that has been successfully leveraged across a wide variety of
industries and property types. Our portfolio of long-term leases with
creditworthy tenants has an established history of generating stable cash
flows that have enabled us to deliver consistent and rising dividend
income to investors for nearly four decades. www.wpcarey.com 

    This press release contains forward-looking statements within the meaning
of the Federal securities laws. A number of factors could cause the
Company's actual results, performance or achievement to differ materially
from those anticipated. Among those risks, trends and uncertainties are
the general economic climate; the supply of and demand for office and
industrial properties; interest rate levels; the availability of
financing; and other risks associated with the acquisition and ownership
of properties, including risks that the tenants will not pay rent, or
that costs may be greater than anticipated. For further information on
factors that could impact the Company, reference is made to the Company's
filings with the Securities and Exchange Commission. 


Cheryl Sanclemente 
W. P. Carey Inc. 

Guy Lawrence
Ross & Lawrence

Copyright 2012, Marketwire, All rights reserved.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.