W.P. Carey announces $55M warehouse, land purchase in Japan W. P. Carey and a subsidiary of W. P. Carey have acquired a warehouse and distribution center as well as the 32 acres of land under the two adjacent buildings and the surrounding site that comprise a document/media storage campus located in Saitama Prefecture, Japan. The two facilities acquired are leased to Wanbishi Archives Co. The purchase price for the land and two buildings was approximately $55M.
W.P. Carey raises quarterly dividend to 95.25c per share W. P. Carey reported that its board increased its quarterly cash dividend to 95.25c per share, equivalent to an annualized dividend rate of $3.81 per share. Payable on April 15, to stockholders of record as of March 31.