We are pleased to welcome our newest W. P. Carey investors following the merger of CPA®:17 – Global and W. P. Carey. W. P. Carey has been publicly traded since 1998 and a REIT since 2012, delivering attractive returns for more than four decades and increasing our dividend every year since going public. We invite you to learn more about W. P. Carey below.
Total Return Since Going Public2
The annualized yield equivalent on an original investment of $10.00 per share of CPA®:17 – Global is 6.56%.
Total returns from January 21, 1998 through market close June 30, 2018. Reflects the reinvestment of all dividends. Past performance is not a guarantee of future results.
Celebrating 45 years of Investing for the Long Run, W. P. Carey (NYSE:WPC) is one of today's largest diversified net lease REITs with a history of delivering steady income and growth to investors. Our portfolio of high-quality, operationally-critical commercial real estate is leased on a long-term basis to creditworthy tenants primarily in the U.S. and Northern and Western Europe.
W. P. Carey ranks among the largest diversified net lease REITs, with an internally-managed portfolio of operationally-critical commercial real estate. We acquire and proactively manage single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Our portfolio comprises properties located primarily in the U.S. and Northern and Western Europe and is well-diversified by property type, geographic location and tenant industry.
Portfolio information reflects pro rata ownership of real estate assets pro forma for the merger with CPA®:17 as of September 30, 2018.
Our portfolio diversification offers a wider opportunity set for new acquisitions across geography, tenant industry and property type, thereby insulating us from local market disruptions while enabling us to invest in sectors with the most attractive long-term, risk-adjusted returns.
Based on contractual minimum ABR from net lease assets as of September 30, 2018, pro forma for the merger with CPA®:17. Other includes assets in Australia and Japan.
Based on contractual minimum ABR from net lease assets as of September 30, 2018, pro forma for the merger with CPA®:17. Other includes ABR from tenants within the following property types: education facility, hotel, fitness facility, laboratory, theater, student housing and land.
Based on contractual minimum ABR from net lease assets as of September 30, 2018, pro forma for the merger with CPA®:17. Retail Stores includes automotive dealerships. Other includes ABR from tenants in the following industries: metals and mining, oil and gas, electricity, consumer transportation, forest products and paper, environmental industries, real estate and finance.
Rising dividend income has been the hallmark of W. P. Carey. We have increased our dividend every year since going public twenty years ago.
Full year dividend per share reflects sum of quarterly dividends per share for the respective year. In the current year, the dividend per share is the last quarter annualized. Chart is not reflective of special dividends paid in 2007, 2009 and 2013. For more information, visit the WPC Dividend Information page.
Investor Relations Department
50 Rockefeller Plaza
New York, NY 10020
W. P. Carey's Transfer Agent
W. P. Carey Inc.
PO Box 505000
Louisville, KY 40233-5000