W.P. Carey Inc. (NYSE:WPC) to Issue Dividend Increase - $0.93 Per Share

Key Points

• W.P. Carey declared a quarterly dividend of $0.93 per share, a 1.1% increase from $0.92, payable April 15 to shareholders of record March 31 with an indicated annualized yield of about 5.2% (ex-dividend March 31).
• Dividend payout ratio is 136.8%, meaning the current dividend exceeds earnings, but analysts expect roughly $4.72 EPS next year (and company FY2026 guidance of $5.13–$5.23), which would lower the projected payout ratio to about 78%.
• The stock is trading near $71.69 with a 52-week range of $54.24–$75.69, and analysts' consensus is a "Hold" with an average target price of $71.11 after several firms modestly raised targets.

W.P. Carey Inc. (NYSE:WPC - Get Free Report) declared a quarterly dividend on Thursday, March 12th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.93 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 1.1% increase from W.P. Carey's previous quarterly dividend of $0.92.

W.P. Carey has decreased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 2 years. W.P. Carey has a dividend payout ratio of 136.8% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect W.P. Carey to earn $4.72 per share next year, which means the company should continue to be able to cover its $3.68 annual dividend with an expected future payout ratio of 78.0%.

W.P. Carey Trading Up 0.3%

NYSE WPC opened at $71.69 on Friday. The stock's 50 day moving average price is $70.55 and its two-hundred day moving average price is $68.10. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.14 and a current ratio of 0.14. The stock has a market capitalization of $15.71 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 4.87 and a beta of 0.76. W.P. Carey has a 52 week low of $54.24 and a 52 week high of $75.69.

W.P. Carey (NYSE:WPC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The real estate investment trust reported $1.27 EPS for the quarter, topping the consensus estimate of $1.25 by $0.02. The company had revenue of $444.55 million during the quarter, compared to analyst estimates of $433.28 million. W.P. Carey had a return on equity of 5.67% and a net margin of 27.17%.W.P. Carey's quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 EPS. W.P. Carey has set its FY 2026 guidance at 5.130-5.230 EPS. As a group, analysts anticipate that W.P. Carey will post 4.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

WPC has been the topic of a number of recent research reports. Royal Bank Of Canada increased their price objective on W.P. Carey from $70.00 to $72.00 and gave the stock a "sector perform" rating in a report on Thursday, February 12th. Evercore set a $74.00 price objective on W.P. Carey in a research note on Tuesday, February 17th. UBS Group boosted their target price on shares of W.P. Carey from $68.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday. Scotiabank raised their price target on W.P. Carey from $72.00 to $73.00 and gave the stock a "sector perform" rating in a research note on Monday, March 2nd. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of W.P. Carey in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $71.11.

W.P. Carey Company Profile

W. P. Carey Inc is a diversified net-lease real estate investment trust specializing in single-tenant commercial properties. The company structures sale-leaseback and build-to-suit transactions to provide long-term net lease financing across a variety of asset classes, including industrial facilities, office buildings, retail centers and self-storage facilities. By employing triple net leases, W. P. Carey transfers property operating expenses, taxes and maintenance responsibility to tenants, creating a stable, predictable income stream for investors.

Founded in 1973 by William Polk Carey, the firm has expanded organically and through strategic mergers and acquisitions.

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