Company: W.P. Carey Inc. (WPC)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: W.P. Carey Inc is a real estate investment trust principally involved in the ownership of properties located in the U.S., Western Europe, and Northern Europe. W.P. Carey organizes its operations into Real Estate and Investment Management segments. The vast majority of the company’s income is derived from its Real Estate division in the form of lease revenue from long-term agreements with companies. W.P. Carey’s real estate portfolio is primarily comprised of single-tenant office, industrial, warehouse, and retail facilities located around the world. most of the company’s revenue comes from properties in the USA. The company’s Investment Management unit generates revenue from providing real estate advisory and portfolio management services to other REITs. -Morningstar.com-
Symbol: WPC
Recent Price: $57.35
Dividends: $3.48
Yield: 6.07%
Sector: Real Estate
Industry: REIT-Diversified
Address & Company Phone #: 395 9th Ave. 58th Fl. New York NY 10001, 212-492-8920
Transfer Agent: Computershare 888-200-8690
Moody’s Rating: Baa2
Minimum & Maximum Investment: $500 – $25,000/month
Investment Dates: 20th Monthly
Shares to Qualify: 1 Share or $500
Fees: Div.: $0 Cash: $5+5¢/sh. Cert: $0 Sells: by Mail or Phone for $25+12¢/sh.
52 Week High & Low: $83.23, $51.36