Announcement • Jul 07
W. P. Carey Inc. to Report Q2, 2026 Results on Jul 28, 2026 W. P. Carey Inc. announced that they will report Q2, 2026 results After-Market on Jul 28, 2026 Declared Dividend • Jun 15
First quarter dividend of US$0.94 announced Shareholders will receive a dividend of US$0.94. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 5.0%, which is lower than the industry average of 5.4%. Announcement • Jun 13
W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on July 15, 2026 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.940 per share, equivalent to an annualized dividend rate of $3.76 per share. The dividend is payable on July 15, 2026 to stockholders of record as of June 30, 2026. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Rhonda Gass was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 07
W. P. Carey Inc. to Report Q1, 2026 Results on Apr 28, 2026 W. P. Carey Inc. announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Announcement • Mar 30
W. P. Carey Inc., Annual General Meeting, Jun 11, 2026 W. P. Carey Inc., Annual General Meeting, Jun 11, 2026. Announcement • Mar 13
W. P. Carey Inc. Increases Quarterly Dividend, Payable on April 15, 2026 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.930 per share, equivalent to an annualized dividend rate of $3.72 per share. The dividend is payable on April 15, 2026 to stockholders of record as of March 31, 2026. Announcement • Feb 19
W. P. Carey Inc. has completed a Follow-on Equity Offering in the amount of $432 million. W. P. Carey Inc. has completed a Follow-on Equity Offering in the amount of $432 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: $72
Discount Per Security: $0.62
Security Features: Income Trust Announcement • Feb 12
W. P. Carey Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2025 W. P. Carey Inc. reported impairment charges for the fourth quarter ended December 31, 2025. For the quarter, the company reported impairment charges - real estate of $39,690,000 against $27,843,000 a year ago. Announcement • Jan 20
W. P. Carey Inc. to Report Q4, 2025 Results on Feb 10, 2026 W. P. Carey Inc. announced that they will report Q4, 2025 results After-Market on Feb 10, 2026 Announcement • Dec 15
W. P. Carey Inc. Increases Quarterly Dividend, Payable on January 15, 2026 W. P. Carey Inc. announced that its Board of Directors increased its quarterly cash dividend to $0.920 per share, equivalent to an annualized dividend rate of $3.68 per share. This represents a 4.5% increase in the dividend compared to the 2024 fourth quarter. The dividend is payable on January 15, 2026 to stockholders of record as of December 31, 2025. Announcement • Dec 14
W. P. Carey Inc. Announces Resignation of Mark A. Alexander as Member of the Board, Effective as of December 12, 2025 W. P. Carey Inc. announced that Mark A. Alexander, a member of the board of directors and a member of the Audit and Compensation Committees, notified the Board of his intention to resign as a member of the Board, effective as of December 12, 2025, for personal health reasons. Mr. Alexander’s resignation did not result from any disagreements with the Company or any matter relating to the Company’s operations, policies or practices. Announcement • Oct 29
W. P. Carey Inc. Provides Earnings Guidance for 2025 W. P. Carey Inc. provided earnings guidance for 2025. The Company has raised and narrowed its guidance range for the 2025 full year, primarily reflecting higher expected investment volume and a lower estimate of potential rent loss from tenant credit events, and currently expects to report AFFO of between $4.93 and $4.99 per diluted share. Announcement • Oct 07
W. P. Carey Inc. to Report Q3, 2025 Results on Oct 28, 2025 W. P. Carey Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Announcement • Sep 19
W. P. Carey Inc. Increases Quarterly Dividend, Payable on October 15, 2025 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.910 per share, equivalent to an annualized dividend rate of $3.64 per share. The dividend is payable on October 15, 2025 to stockholders of record as of September 30, 2025. Announcement • Aug 15
3M Associates LLC acquired 6600 Corporate Center Parkway, a 88,062 Sq Ft Class A Office Property in Jacksonville from W. P. Carey Inc. (NYSE:WPC) for $10.6 million. 3M Associates LLC acquired 6600 Corporate Center Parkway, a 88,062 Sq Ft Class A Office Property in Jacksonville from W. P. Carey Inc. (NYSE:WPC) for $10.6 million on August 13, 2025. Daniel Burkhardt, Keith Goldfaden and Alex Caliel NAI Hallmark represented the seller, W.P. Carey Inc.
3M Associates LLC completed the acquisition of 6600 Corporate Center Parkway, a 88,062 Sq Ft Class A Office Property in Jacksonville from W. P. Carey Inc. (NYSE:WPC) on August 13, 2025. Announcement • Jul 08
W. P. Carey Inc. to Report Q2, 2025 Results on Jul 29, 2025 W. P. Carey Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2025 Announcement • Jun 30
W. P. Carey Inc.(NYSE:WPC) dropped from Russell 1000 Dynamic Index W. P. Carey Inc.(NYSE:WPC) dropped from Russell 1000 Dynamic Index Announcement • Jun 13
W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on July 15, 2025 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.900 per share, equivalent to an annualized dividend rate of $3.60 per share. The dividend is payable on July 15, 2025 to stockholders of record as of June 30, 2025. Announcement • May 01
W. P. Carey Inc. has filed a Follow-on Equity Offering in the amount of $1.25 billion. W. P. Carey Inc. has filed a Follow-on Equity Offering in the amount of $1.25 billion.
Security Name: Common Stock
Security Type: Common Stock
Security Features: Income Trust
Transaction Features: At the Market Offering Announcement • Apr 30
W. P. Carey Inc. Reports Impairment Charges-Real Estate for the First Quarter Ended March 31, 2025 W. P. Carey Inc. reported Impairment charges-real estate for the first quarter ended March 31, 2025. For the quarter, the company reported Impairment charges — real estate of $6,854,000. Announcement • Apr 08
W. P. Carey Inc. to Report Q1, 2025 Results on Apr 29, 2025 W. P. Carey Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Announcement • Mar 31
W. P. Carey Inc., Annual General Meeting, Jun 12, 2025 W. P. Carey Inc., Annual General Meeting, Jun 12, 2025. Announcement • Mar 14
W. P. Carey Inc. Increases Quarterly Dividend, Payable on April 15, 2025 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.890 per share, equivalent to an annualized dividend rate of $3.56 per share. The dividend is payable on April 15, 2025 to stockholders of record as of March 31, 2025. Announcement • Jan 28
W. P. Carey Inc. to Report Q4, 2024 Results on Feb 11, 2025 W. P. Carey Inc. announced that they will report Q4, 2024 results After-Market on Feb 11, 2025 Announcement • Jan 17
W. P. Carey Inc. (NYSE:WPC) acquired Supermarket and Drive-Through Unit in Manchester from LCP Management Ltd. for £20 million. W. P. Carey Inc. (NYSE:WPC) acquired Supermarket and Drive-Through Unit in Manchester from LCP Management Ltd. for £20 million in December 2024.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of Supermarket and Drive-Through Unit in Manchester from LCP Management Ltd. for £20 million in December 2024. Declared Dividend • Dec 30
Third quarter dividend of US$0.88 announced Shareholders will receive a dividend of US$0.88. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.4%. Announcement • Dec 13
W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on January 15, 2025 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.880 per share, equivalent to an annualized dividend rate of $3.52 per share. The dividend is payable on January 15, 2025 to stockholders of record as of December 31, 2024. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$0.51 (vs US$0.58 in 3Q 2023) Third quarter 2024 results: EPS: US$0.51 (down from US$0.58 in 3Q 2023). Revenue: US$397.4m (down 12% from 3Q 2023). Net income: US$111.7m (down 11% from 3Q 2023). Profit margin: 28% (in line with 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Oct 15
W. P. Carey Inc. to Report Q3, 2024 Results on Oct 29, 2024 W. P. Carey Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2024 Declared Dividend • Sep 22
Dividend of US$0.88 announced Shareholders will receive a dividend of US$0.88. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 7.8%, which is higher than the industry average of 5.4%. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.65 (vs US$0.67 in 2Q 2023) Second quarter 2024 results: EPS: US$0.65 (down from US$0.67 in 2Q 2023). Revenue: US$389.7m (down 14% from 2Q 2023). Net income: US$142.9m (down 1.2% from 2Q 2023). Profit margin: 37% (up from 32% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Jul 17
W. P. Carey Inc. to Report Q2, 2024 Results on Jul 30, 2024 W. P. Carey Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Announcement • Jul 10
W. P. Carey Inc. Announces Management Changes W. P. Carey Inc. announced that John Park will step down as President of the company effective September 30, 2024. Mr. Park will serve as Senior Advisor to the company through February 2025 and will continue to serve as a Trustee of Net Lease Office Properties and the W. P. Carey Foundation. The separate role of President will be eliminated, and the title will be assumed by Jason Fox, the company's Chief Executive Officer. Mr. Park joined W. P. Carey in 1987, working alongside Founder Wm. Polk Carey in various roles of increasing responsibility. He led many of W. P. Carey's transformative transactions, including the consolidation and NYSE listing of CPA:1–9 as Carey Diversified LLC in 1998, its merger with W. P. Carey & Co. Inc. in 2000, W. P. Carey's merger with CPA:15 and REIT conversion in 2012, and the company's subsequent mergers with CPA:16, CPA:17 – Global and CPA:18 – Global. Declared Dividend • Jun 17
Dividend of US$0.87 announced Shareholders will receive a dividend of US$0.87. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 8.7%, which is higher than the industry average of 5.4%. Announcement • Jun 15
W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2024 W. P. Carey Inc. reported that its board of directors increased its quarterly cash dividend to $0.870 per share, equivalent to an annualized dividend rate of $3.48 per share. The dividend is payable on July 15, 2024 to stockholders of record as of June 28, 2024. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$0.72 (vs US$1.39 in 1Q 2023) First quarter 2024 results: EPS: US$0.72 (down from US$1.39 in 1Q 2023). Revenue: US$389.8m (down 7.1% from 1Q 2023). Net income: US$159.2m (down 46% from 1Q 2023). Profit margin: 41% (down from 70% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Apr 11
W. P. Carey Inc. to Report Q1, 2024 Results on Apr 30, 2024 W. P. Carey Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Announcement • Mar 29
W. P. Carey Inc., Annual General Meeting, Jun 13, 2024 W. P. Carey Inc., Annual General Meeting, Jun 13, 2024, at 13:30 US Eastern Standard Time. Agenda: To Elect ten Directors for 2024; to Consider an advisory vote on executive compensation; to Approve the Amended and Restated 2017 Share Incentive Plan; to Ratify the appointment of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm for 2024; and to Transact such other business as may properly come before the meeting and any adjournment or postponement thereof. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.86 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Trailing yield: 6.2%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (6.4%). Announcement • Mar 19
W. P. Carey Inc. Appoints Rhonda Gass to its Board of Directors W. P. Carey Inc. announced the appointment of Rhonda Gass to its Board of Directors, effective immediately. Ms. Gass will serve as a member of the Audit Committee and brings more than 30 years of experience in technological transformation, cybersecurity and digital risk management. In her current role as Global Chief Information Officer at Stanley Black & Decker, a Fortune 500 manufacturer and a worldwide leader in Tools and Outdoor, Ms. Gass is responsible for driving a strategic agenda to equip the company's businesses with the digital, data and collaboration capabilities required to grow in the global marketplace. She also leads cybersecurity and digital risk management for all technologies across the company. Prior to Stanley Black & Decker, she was a Vice President at Dell, where she served for over a decade in positions of increasing scope and responsibility. As a global business leader, Ms. Gass has extensive board advisory experience. She is currently a member of the Board of Directors of Flowers Foods Inc., where she serves on both the Finance and Audit Committees. Additionally, she is on the Technology Business Management Council; serves on the HCL Customer Advisory Board; and is a member of the Manufacturers Alliance for Productivity and Innovation Information Systems Management Council. She is also active in the communities in which she resides and recently served on the Board of Trustees for the Connecticut Science Center. With Ms. Gass's appointment, W. P. Carey's Board of Directors currently comprises 11 members, four of whom are female. Declared Dividend • Mar 17
Dividend of US$0.86 announced Shareholders will receive a dividend of US$0.86. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 9.2%, which is higher than the industry average of 5.4%. Announcement • Mar 15
W. P. Carey Inc. Increases Quarterly Dividend, Payable on April 15, 2024 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $0.865 per share, equivalent to an annualized dividend rate of $3.46 per share. The dividend is payable on April 15, 2024 to stockholders of record as of March 28, 2024. Reported Earnings • Feb 11
Full year 2023 earnings released: FFO per share: US$4.9 (vs US$5.54 in FY 2022) Full year 2023 results: FFO per share: US$4.9 (down from US$5.54 in FY 2022). Revenue: US$1.74b (up 18% from FY 2022). Funds from operations (FFO): US$1.06b (down 4.0% from FY 2022). FFO margin: 61% (down from 75% in FY 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.3% decline forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 10
W. P. Carey Inc. Announces Consolidated Impairment Charges for the Three Months Ended December 31, 2023 W. P. Carey Inc. announced consolidated impairment charges for the three months ended December 31, 2023. For the quarter, the company reported Impairment charges — real estate $71,238,000 against $12,734,000 a year ago. Announcement • Jan 27
W. P. Carey Inc. to Report Q4, 2023 Results on Feb 09, 2024 W. P. Carey Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 09, 2024 Upcoming Dividend • Dec 21
Upcoming dividend of US$0.86 per share at 5.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.6%). Announcement • Dec 08
W. P. Carey Inc. Declares Quarterly Cash Dividend, Payable on January 16, 2024 W. P. Carey Inc. reported that its Board of Directors declared a quarterly cash dividend of $0.860 per share, equivalent to an annualized dividend rate of $3.44 per share, reflecting both the Company's strategic plan to exit the office assets within its portfolio (announced on September 21, 2023) and a lower payout ratio. The dividend is payable on January 16, 2024 to stockholders of record as of December 29, 2023. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$0.58 (vs US$0.52 in 3Q 2022) Third quarter 2023 results: EPS: US$0.58 (up from US$0.52 in 3Q 2022). Revenue: US$448.4m (up 16% from 3Q 2022). Net income: US$125.0m (up 19% from 3Q 2022). Profit margin: 28% (in line with 3Q 2022). Revenue is forecast to decline by 1.9% p.a. on average during the next 2 years, while revenues in the REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Nov 03
W. P. Carey Inc. Announces the Resignation of Jean Hoysradt as Member of Board In connection with the Spin-Off, Jean Hoysradt notified the board of directors of W. P. Carey Inc. (the WPC Board") on October 31,2023 of her decision to resign as a member of the WPC Board, effective as of November 1, 2023, at which time Ms. Hoysradt was appointed to serve as a trustee on the NLOP Board. Announcement • Oct 21
W. P. Carey Inc. to Report Q3, 2023 Results on Nov 03, 2023 W. P. Carey Inc. announced that they will report Q3, 2023 results on Nov 03, 2023 Upcoming Dividend • Sep 21
Upcoming dividend of US$1.07 per share at 6.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.1%). Announcement • Sep 15
W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on October 16, 2023 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $1.071 per share, equivalent to an annualized dividend rate of $4.28 per share. The dividend is payable on October 16, 2023 to stockholders of record as of September 29, 2023. Reported Earnings • Jul 29
Second quarter 2023 earnings released: EPS: US$0.67 (vs US$0.66 in 2Q 2022) Second quarter 2023 results: EPS: US$0.67 (up from US$0.66 in 2Q 2022). Revenue: US$452.6m (up 33% from 2Q 2022). Net income: US$144.6m (up 13% from 2Q 2022). Profit margin: 32% (down from 38% in 2Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, while revenues in the REITs industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jul 15
W. P. Carey Inc. to Report Q2, 2023 Results on Jul 28, 2023 W. P. Carey Inc. announced that they will report Q2, 2023 results Pre-Market on Jul 28, 2023 Upcoming Dividend • Jun 22
Upcoming dividend of US$1.07 per share at 6.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.4%). Announcement • Jun 16
W. P. Carey Inc. Increases Quarterly Cash Dividend, Payable on July 14, 2023 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $1.069 per share, equivalent to an annualized dividend rate of $4.28 per share. The dividend is payable on July 14, 2023 to stockholders of record as of June 30, 2023. Recent Insider Transactions • May 04
Independent Director recently bought €66k worth of stock On the 2nd of May, Mark Alexander bought around 1k shares on-market at roughly €65.99 per share. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €50k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: US$1.39 (vs US$0.82 in 1Q 2022) First quarter 2023 results: EPS: US$1.39 (up from US$0.82 in 1Q 2022). Revenue: US$427.8m (up 24% from 1Q 2022). Net income: US$294.4m (up 88% from 1Q 2022). Profit margin: 69% (up from 45% in 1Q 2022). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of US$1.07 per share at 5.7% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (5.1%). Reported Earnings • Feb 12
Full year 2022 earnings released: FFO per share: US$5.5 (vs US$4.91 in FY 2021) Full year 2022 results: FFO per share: US$5.5 (up from US$4.91 in FY 2021). Revenue: US$1.48b (up 15% from FY 2021). Funds from operations (FFO): US$1.11b (up 23% from FY 2021). FFO margin: 75% (up from 70% in FY 2021). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 28
W. P. Carey Inc. to Report Q4, 2022 Results on Feb 10, 2023 W. P. Carey Inc. announced that they will report Q4, 2022 results Pre-Market on Feb 10, 2023 Upcoming Dividend • Dec 22
Upcoming dividend of US$1.07 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 13 January 2023. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.7%). Announcement • Dec 13
W. P. Carey Inc. Announces Appointment of Elisabeth Stheeman to Board of Directors W. P. Carey Inc. announced the appointment of Elisabeth Stheeman to its Board of Directors, effective immediately. Ms. Stheeman will serve as a member of both the Investment and Nominating & Corporate Governance Committees. Ms. Stheeman's portfolio of advisory experience spans publicly traded businesses in financial services, real estate and healthcare across the UK, Germany and France. She is an external member of the Bank of England'sFinancial Policy Committee and the Bank of England's Financial Market Infrastructure Board. She is also the non-executive chair of Edinburgh Investment Trust plc, which invests in UK securities, a non-executive director of alstria office REIT-AG, the listed REIT in Germany, and a member of the Audit and Risk Committee for the Asian Infrastructure Investment Bank. In addition to her current roles, she formerly served on the board of Aareal Bank AG, a listed leading international real estate lender, Korian SA, a French listed healthcare company, RDI plc, an FTSE 250 listed REIT and TLG Immobilien AG, a German listed real estate company. Ms. Stheeman spent nearly 25 years of her executive career at Morgan Stanley in investment banking, capital markets, private equity and real estate, where she held management roles spanning operations and leadership, investment and remuneration. She was also Global Chief Operating Officer at LaSalle Investment Management and a member of LaSalle Investment Management's Global Management Committee and JLL's Global Operating Committee, where she had significant strategic input on asset allocation, asset mix and investment decisions. Ms. Stheeman holds a B.A. in Business Administration from The Hamburg School of Business and a Diploma in Business Studies from the London School of Economics. Announcement • Dec 09
W. P. Carey Inc. Declares Quarterly Dividend, Payable on January 13, 2023 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $1.065 per share, equivalent to an annualized dividend rate of $4.26 per share. The dividend is payable on January 13, 2023 to stockholders of record as of December 30, 2022. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.52 (vs US$0.75 in 3Q 2021) Third quarter 2022 results: EPS: US$0.52 (down from US$0.75 in 3Q 2021). Revenue: US$383.6m (up 17% from 3Q 2021). Net income: US$104.9m (down 24% from 3Q 2021). Profit margin: 27% (down from 42% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Nov 05
W. P. Carey Inc. Announces Impairment Charges for the Third Quarter Ended September 30, 2022 W. P. Carey Inc. announced impairment charges for the third quarter ended September 30, 2022. For the quarter, the company reported impairment charges - Investment Management goodwill of $29,334,000. Announcement • Oct 22
W. P. Carey Inc. Announces Executive Changes On October 21, 2022, W. P. Carey Inc. announced the appointment of Mr. Brian Zander as Chief Accounting Officer of the Company, effective November 5, 2022, to succeed Mr. Arjun Mahalingam, who is resigning from his position as Chief Accounting Officer of the Company as of November 4, 2022 to pursue a new opportunity. Mr. Zander, age 37, is currently the Company’s Controller where he is responsible for the internal controls, accounting and financial reporting of the Company. Mr. Zander initially joined the Company in January 2016 as Assistant Controller. Prior to joining the Company, Mr. Zander worked from 2014 to 2016 at Acadia Realty Trust, a publicly traded real estate investment trust, where he served as the Assistant Controller. From 2007 to 2014, Mr. Zander worked in the assurance practice at Ernst & Young LLP. Mr. Zander is a Certified Public Accountant licensed in the state of New York. He graduated with a B.S. in Accounting from the University of Maryland. Announcement • Oct 15
W. P. Carey Inc. to Report Q3, 2022 Results on Nov 04, 2022 W. P. Carey Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 04, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Trailing yield: 5.3%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.4%). Announcement • Sep 16
W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on October 14, 2022 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $1.061 per share, equivalent to an annualized dividend rate of $4.24 per share. The dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022. Announcement • Sep 02
W. P. Carey Inc. announced that it expects to receive €350 million in funding W. P. Carey Inc. announced that it has entered into a note purchase agreement for issue of 3.41% senior unsecured notes, series A, due September 28, 2029 for gross proceeds of €150 million and 3.7% senior unsecured notes, series B, due September 28, 2032 for gross proceeds of €200 million; for aggregate gross proceeds of €350 million on August 31, 2022. The transaction will involve participation from The Northwestern Mutual Life Insurance Company, Pacific Life Insurance Company, The Guardian Life Insurance Company of America, CMFG Life Insurance Company, Colonial Life & Accident Insurance Company, United of Omaha Life Insurance Company, Genworth Life and Annuity Insurance Company, Legal and General Assurance Society Limited, Ameritas Life Insurance Corp., Genworth Life Insurance Company, Manulife Life Insurance Company, Manulife (International) Limited, Transamerica Life Insurance Company, Manulife Securities Limited Partnership, and Manulife (Singapore) Pte. Ltd. Interest on the notes will be payable semiannually. The company issued securities pursuant to exemption from registration provided by Section 4(a)(2) of the Securities Act. The transaction is expected to close on September 28, 2022. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: US$0.66 (vs US$0.67 in 2Q 2021) Second quarter 2022 results: EPS: US$0.66. Revenue: US$344.4m (up 12% from 2Q 2021). Net income: US$127.7m (up 6.2% from 2Q 2021). Profit margin: 37% (down from 39% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 14% while the industry in Germany is not expected to grow. Announcement • Jul 16
W. P. Carey Inc. to Report Q2, 2022 Results on Jul 29, 2022 W. P. Carey Inc. announced that they will report Q2, 2022 results at 12:30 PM, US Eastern Standard Time on Jul 29, 2022 Announcement • Jun 26
W. P. Carey Inc.(NYSE:WPC) dropped from Russell 1000 Dynamic Index W. P. Carey Inc.(NYSE:WPC) dropped from Russell 1000 Dynamic Index Upcoming Dividend • Jun 22
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.4%). In line with average of industry peers (4.7%). Announcement • Jun 17
W. P. Carey Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2022 W. P. Carey Inc. reported that its Board of Directors increased its quarterly cash dividend to $1.059 per share, equivalent to an annualized dividend rate of $4.24 per share. The dividend is payable on July 15, 2022 to stockholders of record as of June 30, 2022. Reported Earnings • May 01
First quarter 2022 earnings released: FFO: US$333.6m per share (vs US$0.92 in 1Q 2021) First quarter 2022 results: FFO: US$333.6m per share (up from US$0.92 in 1Q 2021). Revenue: US$333.6m (up 9.0% from 1Q 2021). Funds from operations (FFO): US$288.3m (up 78% from 1Q 2021). FFO margin: 86% (up from 53% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 15% while the industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • Apr 15
W. P. Carey Inc. to Report Q1, 2022 Results on Apr 29, 2022 W. P. Carey Inc. announced that they will report Q1, 2022 results Pre-Market on Apr 29, 2022 Announcement • Mar 29
W. P. Carey Inc., Annual General Meeting, Jun 16, 2022 W. P. Carey Inc., Annual General Meeting, Jun 16, 2022, at 13:30 Eastern Standard Time. Agenda: To consider and elect ten Directors for 2022; to consider an advisory vote on executive compensation; to ratify the appointment of PricewaterhouseCoopers LLP as Independent Registered Public Accounting Firm for 2022; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof. Upcoming Dividend • Mar 23
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.7%). Announcement • Mar 01
W. P. Carey Inc. (NYSE:WPC) entered into an Agreement and Plan of Merger to acquire Corporate Property Associates 18 - Global Incorporated for $1.6 billion. W. P. Carey Inc. (NYSE:WPC) entered into an Agreement and Plan of Merger to acquire Corporate Property Associates 18 - Global Incorporated for $1.6 billion on February 27, 2022. Corporate Property Associates 18 – Global Incorporated (“CPA:18”) will be acquired by W. P. Carey in a transaction valued at approximately $2.7 billion, including the assumption of debt of $1.1 billion. Subject to the terms and conditions of the merger agreement, CPA:18 stockholders will be entitled to receive a fixed exchange ratio of 0.0978 of a share of W. P. Carey common stock plus $3.00 of cash (subject to certain adjustments as set forth in the merger agreement) for each share of CPA:18 common stock held by them, representing total consideration with an initial implied value of $10.45 per share. W. P. Carey expects to fund the aggregate cash consideration with net proceeds from sales of certain CPA:18 assets contemplated to occur prior to the closing of the transaction and existing liquidity. The Merger Agreement also provides CPA:18 with a 30-day go-shop provision. CPA:18 has entered into any agreement with respect to any CPA18 Superior Competing Transaction (the events set forth in clauses (i) and (ii), the “ Applicable Termination Provisions ”), then, in each instance, concurrently with any such termination, CPA:18 has agreed to pay W. P. Carey a termination fee equal to $47.0 million; provided, however, in the event that CPA:18 enters into an alternative acquisition agreement with a person or entity from whom it received a bona-fide written offer or other communication constituting a CPA18 Competing Transaction (as defined in the Merger Agreement) prior to the expiration of the go-shop period, the termination fee will be reduced to $15.7 million. Board of Directors of W. P. Carey Inc. has unanimously approved the transaction. The transaction has also been approved by CPA:18’s Board of Directors upon the unanimous recommendation of a Special Committee of CPA:18’s independent directors. In connection with the proposed transaction, W. P. Carey intends to file with the Securities and Exchange Commission a registration statement on Form S-4 that will include a proxy statement of CPA:18 and that also constitutes a prospectus of W. P. Carey. The proxy statement/prospectus will describe in greater detail the terms of the proposed merger. Completion of the transaction is subject to, among other things, effectiveness of the Form S-4, the approval of the CPA:18 stockholders and satisfaction of customary closing conditions. Completion of the transaction is not subject to approval by W. P. Carey’s stockholders nor to any financing contingency. The transaction is currently expected to close during the third quarter of 2022. BofA Securities is acting as lead financial advisor, Wells Fargo Securities, LLC is acting as co-financial advisor and Jon Venick and Christopher P. Giordano of DLA Piper LLP (US) is acting as legal advisor to W. P. Carey. Morgan Stanley & Co. LLC is acting as financial advisor to the CPA:18 Special Committee. Kathleen L. Werner of Clifford Chance US LLP is acting as legal advisor to CPA:18 and Barry M. Abelson of Troutman Pepper Hamilton Sanders LLP is acting as legal advisor to the CPA:18 – Global Special Committee. Announcement • Feb 12
W. P. Carey Inc. Announces Impairment Charges for the Fourth Quarter Ended December 31, 2021 W. P. Carey Inc. announced Impairment charges of $7.9 million for the fourth quarter ended December 31, 2021 compared to $16.4 million reported a year ago. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$2.25 (down from US$2.61 in FY 2020). Revenue: US$1.33b (up 8.5% from FY 2020). Net income: US$410.0m (down 10.0% from FY 2020). Profit margin: 31% (down from 37% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.8%. Over the next year, revenue is forecast to grow 3.9%, compared to a 4.7% growth forecast for the reits industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jan 30
W. P. Carey Inc. to Report Q4, 2021 Results on Feb 11, 2022 W. P. Carey Inc. announced that they will report Q4, 2021 results Pre-Market on Feb 11, 2022 Announcement • Jan 22
W. P. Carey Inc. (NYSE:WPC) acquired Portfolio of four manufacturing facilities in Germany and the Czech Republic. W. P. Carey Inc. (NYSE:WPC) acquired Portfolio of four manufacturing facilities in Germany and the Czech Republic on January 20, 2022.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of Portfolio of four manufacturing facilities in Germany and the Czech Republic on January 20, 2022. Announcement • Jan 12
W. P. Carey Inc. (NYSE:WPC) acquired Seven DIY stores in Poland from Supernova Group. W. P. Carey Inc. (NYSE:WPC) acquired Seven DIY stores in Poland from Supernova Invest GmbH on January 11, 2022.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of Seven DIY stores in Poland from Supernova Invest GmbH on January 11, 2022. Upcoming Dividend • Dec 23
Upcoming dividend of US$1.06 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Trailing yield: 5.3%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (2.8%). Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 2 highly experienced directors. Independent Director Tonit Calaway was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Third quarter 2021 earnings released: FFO US$1.51 per share (vs US$1.38 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$329.1m (up 9.2% from 3Q 2020). Funds from operations (FFO): US$270.6m (up 13% from 3Q 2020). FFO margin: 82% (up from 79% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 22
Upcoming dividend of US$1.05 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 15 October 2021. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.3%). Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS US$0.67 (vs US$0.61 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$319.7m (up 11% from 2Q 2020). Net income: US$120.2m (up 14% from 2Q 2020). Profit margin: 38% (up from 37% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jun 25
W. P. Carey Inc. (NYSE:WPC) acquired Three Industrial properties in Illinois and Ontario from GHP Group, Inc. W. P. Carey Inc. (NYSE:WPC) acquired Three Industrial properties in Illinois and Ontario from GHP Group, Inc. on June 24, 2021. The portfolio includes a 225,006-square-foot facility at 1501 Nicholas Blvd. in Elk Grove Village and a 161,770-square-foot property at 6440 W. Howard St. in Niles and a 109,968-square-foot building in Guelph, Ontario near Toronto. Jeff Devine, Steve Disse, Brendan Green and Ron Jansen of Collier Shannon Scott represented GHP Group, Inc.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of Three Industrial properties in Illinois and Ontario from GHP Group, Inc. on June 24, 2021. Announcement • Jun 18
W. P. Carey Inc. (NYSE:WPC) acquired three-property logistics portfolio totaling 497,000 square feet in US for $43 million. W. P. Carey Inc. (NYSE:WPC) acquired three-property logistics portfolio totaling 497,000 square feet in US for $43 million on June 17, 2021. In related transactions, W. P. Carey Inc. acquired a 703,000-square-foot Class-A logistics facility in Alabama and a 779,000-square-foot recently-constructed distribution facility in New York.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of three-property logistics portfolio totaling 497,000 square feet in US on June 17, 2021.