06-25-2015, 09:47 AM
NEW YORK, June 18, 2015 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.9540 per share, equivalent to an annualized dividend rate of $3.82 per share. Payable on July 15, 2015 to stockholders of record as of June 30, 2015, this marks W. P. Carey's 57(th) consecutive quarterly dividend increase.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan