"W. P. Carey Inc. plans to reposition its portfolio by spinning off some office properties and selling others.
The company believes that getting rid of office properties will improve its organic growth and attract higher valuations from investors.
The strategic repositioning includes a "dividend reset" that will lower the dividend payout, but the dividend yield will still be attractive."
https://seekingalpha.com/article/4636561-w-p-carey-dividend-gets-whacked
Recent WPC News
- W. P. Carey to Release Second Quarter 2024 Financial Results on Tuesday, July 30, 2024 • PR Newswire (US) • 07/17/2024 11:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 11:36:49 AM
- W. P. Carey Announces Departure of President John Park • PR Newswire (US) • 07/10/2024 11:30:00 AM
- W. P. Carey Earns 2024 Great Place to Work Certification™ in the U.S. and Europe • PR Newswire (US) • 07/08/2024 11:30:00 AM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 06/18/2024 09:23:35 PM
- W. P. Carey Inc. Announces Pricing of $400 Million of Senior Unsecured Notes • PR Newswire (US) • 06/18/2024 08:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 06/18/2024 01:14:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:07:08 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 06/14/2024 08:04:07 PM
- W. P. Carey Increases Quarterly Dividend to $0.870 per Share • PR Newswire (US) • 06/13/2024 08:30:00 PM
- W. P. Carey Announces Closed and Committed Investments Totaling $258 Million • PR Newswire (US) • 06/03/2024 10:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:10:20 PM
- W. P. Carey Releases 2023 ESG Report • PR Newswire (US) • 05/13/2024 08:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/09/2024 08:13:07 PM
- Form 305B2 - Filing [Trust Indenture Act] • Edgar (US Regulatory) • 05/08/2024 09:28:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 09:25:56 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 05/07/2024 08:15:21 PM
- W. P. Carey Inc. Announces Pricing of €650 Million of Senior Unsecured Notes • PR Newswire (US) • 05/07/2024 08:05:00 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/07/2024 10:05:19 AM
- W. P. Carey Announces First Quarter 2024 Financial Results • PR Newswire (US) • 04/30/2024 08:05:00 PM
- W. P. Carey to Release First Quarter 2024 Financial Results on Tuesday, April 30, 2024 • PR Newswire (US) • 04/10/2024 11:30:00 AM
- W. P. Carey Selected as 2024 Green Lease Leader • PR Newswire (US) • 04/04/2024 11:30:00 AM
- W. P. Carey Releases 2023 CEO Letter • PR Newswire (US) • 04/01/2024 11:30:00 AM
- W. P. Carey Appoints Rhonda Gass to Board of Directors • PR Newswire (US) • 03/18/2024 11:30:00 AM
- W. P. Carey Increases Quarterly Dividend to $0.865 per Share • PR Newswire (US) • 03/14/2024 08:30:00 PM
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Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
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