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Stock Market & Financial Investment News

News Breaks
June 19, 2014
16:11 EDTWPCW.P. Carey raises dividend to 90c
W. P. Carey increased its quarterly cash dividend to 90c per share, payable on July 15 to stockholders of record as of June 30.
News For WPC From The Last 14 Days
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January 28, 2015
07:36 EDTWPCW.P. Carey acquires 73-property Pendragon auto dealership portfolio for $355M
W. P. Carey has acquired a portfolio of 73 automotive retail facilities located throughout the UK, net leased to Pendragon plc for a gross purchase price, including fees, of $355M. Pendragon is the largest automotive retailer in the UK with 225 franchise locations spread across the country. The triple-net lease portfolio has a weighted average lease term of 15 years and includes annual inflation-based rent escalation.

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