W.P. Carey raises quarterly dividend to 66c per share W. P. Carey reported that its board had increased its Q4 cash distribution to 66c per share, which equates to an annualized rate of $2.64. Payable on January 15, 2013 to shareholders of record as of December 31.
News For WPC From The Last 14 Days
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W.P. Carey upgraded to Buy from Neutral at Ladenburg Ladenburg upgraded W.P. Carey and raised estimates based on the likely purchase of CPA 16, increased confidence in its investment management platform, and the potential liquidation or listing of the CWI. Price target raised to $77 from $71.