W. P. Carey Inc. (WPC)
Summary
W. P. Carey: 5% Yield, 11% AFFO Growth, And BBB+ Balance Sheet
W. P. Carey offers a 5.1% yield and consistent dividend growth, supported by a diversified, industrial-focused portfolio. WPC's industrial-focused, diversified portfolio and disciplined acquisition pipeline support continued AFFO/share growth and dividend increases. Management raised full-year investment pipeline guidance to $1.5–$2.0 billion, reflecting confidence in ongoing accretive acquisitions.
W.P. Carey (WPC) Upgraded to Buy: Here's Why
W.P. Carey (WPC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
W.P. Carey Announces Dividend Hike: Is the Increase Sustainable?
WPC raises its quarterly dividend 1.1% to 94 cents, backed by high occupancy, rent growth, investment activity and strong liquidity.
W. P. Carey Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,175 | $215,774 | $228,838.12 | $13,064.12 | 6.05% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 55,794 | $4.09M | $4.02M | -$65,966.05 | -1.61% |
| CE Curtis Ellergodt Rothschild Investment LLC | 287 | $19,074.74 | $20,685.52 | $1,610.78 | 8.44% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 136,138 | $8.77M | $9.81M | $1.05M | 11.94% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,382 | $362,661.84 | $388,822.59 | $26,160.75 | 7.21% |
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W. P. Carey Inc. Profile
| Diversified REITs Industry | Real Estate Sector | Jason E. Fox CEO | NYSE Exchange | 92936U109 CUSIP |
| US Country | 203 Employees | 30 Jun 2026 Last Dividend | 2 Nov 2023 Last Split | 21 Jan 1998 IPO Date |
Overview
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.
Products and Services
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:
- Net Lease Investments: Specializing in the acquisition and management of single-tenant commercial properties, including industrial, warehouse, and retail spaces. This hinges on the strategic selection of assets critical to the operations of the tenant, ensuring long-term occupancy and steady revenue streams. These properties are typically located in the U.S. and Northern and Western Europe.
- Self-Storage Operations: Apart from its net lease investments, W. P. Carey also engages in the operation of self-storage facilities. This segment includes 86 self-storage operating properties, providing flexible storage solutions to both individuals and businesses. These facilities are designed to meet a wide range of storage needs, reflecting the company's diversification strategy beyond traditional commercial real estate.
