W.P. Carey Inc. Stock Price, News & Analysis

On February 28, 2022, Corporate Property Associates 18 – Global announced a definitive merger agreement with W. P. Carey Inc. in a transaction valued at approximately $2.7 billion. The merger will provide CPA^®:18 stockholders with 0.0978 shares of W. P. Carey common stock and $3.00 in cash for each share, projecting a total value of $10.45 per CPA^®:18 share. The merger is expected to close in Q3 2022, pending stockholder approval. The transaction aims to deliver liquidity and continued investment opportunities for CPA^®:18 investors.

W. P. Carey Inc. (NYSE: WPC) announced that CEO Jason Fox will participate in a roundtable discussion at the 2022 Citi Global Property CEO Conference on March 8, 2022, from 1:15 p.m. to 1:50 p.m. ET. The event will be live-streamed, with an audio replay available on the company’s website. W. P. Carey is a prominent net lease REIT with an enterprise value of approximately $22 billion, holding 1,304 properties across 156 million square feet as of December 31, 2021. Its diversified portfolio includes industrial, office, retail, and self-storage properties, primarily located in the U.S. and Western Europe.

W. P. Carey reported its Q4 and full-year 2021 results, showing a net income of $99.6 million for Q4, down 26% year-over-year, and $410.0 million for the full year, a 10% decline. AFFO increased to $1.30 per diluted share in Q4, up 8.3%, with full-year AFFO at $5.03, reflecting 6.1% growth. The company raised its 2022 AFFO guidance to $5.18-$5.30 per share. A quarterly dividend of $1.055 per share was declared, equating to an annualized rate of $4.220. Investment activity peaked at $1.72 billion in 2021, with a portfolio occupancy rate of 98.5%.

W. P. Carey Inc. (NYSE: WPC) announced the income tax treatment of its 2021 dividends via Form 1099-DIV. Shareholders are advised to consult tax advisors for their specific cases. Key details include:

• Record dates: 12/31/20, 3/31/21, 6/30/21, 9/30/21
• Payment dates: 1/15/21, 4/15/21, 7/15/21, 10/15/21
• Distribution per share: between $1.0460 and $1.0520

W. P. Carey, a leading net lease REIT, reported an enterprise value of approximately $20 billion and manages a diversified portfolio of 1,264 net lease properties across 152 million square feet.

W. P. Carey Inc. (NYSE: WPC) will announce its financial results for Q4 and the full year ended December 31, 2021, prior to market opening on February 11, 2022. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss these results. With an enterprise value of approximately $20 billion, W. P. Carey is one of the largest net lease REITs, managing a diversified portfolio of 1,264 properties covering around 152 million square feet. The properties are primarily located in the U.S. and Northern and Western Europe.

W. P. Carey Inc. (NYSE: WPC) reported a record $1.73 billion in investment volume for 2021, with $530 million completed in Q4. The company focused on warehouse and industrial assets, which made up about 70% of its total investments. Approximately 60% of the volume was in the U.S. and 40% in Europe. All leases in 2021 featured fixed rent escalations averaging 2.3% and a weighted-average lease term of 20 years. The CEO noted strong momentum for 2022 with a growing pipeline of opportunities.

W. P. Carey Inc. (NYSE: WPC) announced an increase in its quarterly cash dividend from $1.045 to $1.055 per share, marking an annualized rate of $4.22. The dividend will be payable on January 14, 2022 to shareholders of record as of December 31, 2021. The company is one of the largest net lease REITs, holding a diversified portfolio of 1,264 net lease properties covering approximately 152 million square feet, with an enterprise value of about $20 billion.

W. P. Carey reported Q3 2021 results, with net income of $138.5 million and diluted EPS of $0.74. AFFO was $230.7 million, translating to $1.24 per diluted share, a 7.8% increase from Q3 2020. The company affirmed its 2021 AFFO guidance of $4.94 to $5.02 per diluted share. A quarterly dividend of $1.052 was declared, marking an annualized rate of $4.208. The portfolio's occupancy rate stood at 98.4%, with a collection rate exceeding 99.5%. The firm also completed a $350 million green bond offering, supporting its commitment to sustainability.

W. P. Carey Inc. (WPC) will announce its third-quarter financial results for the period ending September 30, 2021 on October 29, 2021. The results will be disclosed before the market opens, followed by a conference call at 10:00 a.m. ET to discuss the findings. As of June 30, 2021, WPC boasts a portfolio of 1,266 net lease properties valued at approximately $21 billion and covering 150 million square feet. The company has a diversified presence in the U.S. and Europe, focusing on long-term leased commercial real estate.