W. P. Carey Inc. (WPC) Dividend History
Income profile from 1998 to 2026 with payout safety and yield-on-cost trend
WPC Dividend Income Check
Safety
1.7% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.4% and trend is falling.
WPC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WPC Income Growth Story
Dividend per share and yield on cost over time (29 years of payments)
WPC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
W. P. Carey Inc. distributes 1.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 69.4%, rated "Adequate".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WPC has raised its dividend for 1 consecutive year, with a 3-year CAGR of -4.5% and 5-year CAGR of -2.4%.
Total Shareholder Returns
Beyond cash dividends, WPC returns capital through share repurchases. The combined picture: 4.9% dividend yield, 4.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.4% and is currently falling. The 5-year total return is 27.3%, with dividends contributing 26.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $18,571 today.
WPC Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 31, 2026Latest | $0.9300 | ↑ +1.1% | 5.39% | Apr 15, 2026 |
| Dec 31, 2025 | $0.9200 | ↑ +1.1% | 5.62% | Jan 15, 2026 |
| Sep 30, 2025 | $0.9100 | ↑ +1.1% | 5.30% | Oct 15, 2025 |
| Jun 30, 2025 | $0.9000 | ↑ +1.1% | 5.68% | Jul 15, 2025 |
| Mar 31, 2025 | $0.8900 | ↑ +1.1% | 5.57% | Apr 15, 2025 |
| Dec 31, 2024 | $0.8800 | ↑ +0.6% | 6.41% | Jan 15, 2025 |
| Sep 30, 2024 | $0.8750 | ↑ +0.6% | 5.57% | Oct 15, 2024 |
| Jun 28, 2024 | $0.8700 | ↑ +0.6% | 6.66% | Jul 15, 2024 |
WPC Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $16.0B | 4.9% | 1.7% | 1 | Sustainable | |
| $8.4B | 5.3% | 1.1% | 9 | Sustainable | |
| $6.7B | 3.7% | 92.5% | 7 | At Risk | |
| $9.1B | 4.0% | 1.7% | 3 | Sustainable | |
1st | $30.2B | 6.2% | 66.8% | 8 | Watch |
2nd | $2.0B | 5.8% | 1.4% | 8 | Sustainable |
3rd | $2.8B | 5.6% | 1.3% | 8 | Sustainable |
WPC Annual Dividend History (1997–2026)
30 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.93 | — | 1 | — | — | — | 1.4% |
| 2025 | $3.62 | 3.7% | 4 | $2.11 | 171.6% | 0.58x | 5.4% |
| 2024 | $3.49 | -12.8% | 4 | $2.09 | 167.0% | 0.60x | 5.2% |
| 2023 | $4.00 | -3.7% | 4 | $3.28 | 122.0% | 0.82x | 6.0% |
| 2022 | $4.15 | 0.9% | 4 | $2.99 | 139.0% | 0.72x | 6.2% |
| 2021 | $4.12 | 0.8% | 4 | $2.24 | 183.9% | 0.54x | 6.2% |
| 2020 | $4.09 | 0.8% | 4 | $2.60 | 157.2% | 0.64x | 6.1% |
| 2019 | $4.05 | 1.2% | 4 | $1.78 | 227.8% | 0.44x | 6.1% |
| 2018 | $4.01 | 2.0% | 4 | $3.50 | 114.5% | 0.87x | 6.0% |
| 2017 | $3.93 | 2.1% | 4 | $2.56 | 153.4% | 0.65x | 5.9% |
Full WPC Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See WPC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonWPC — Frequently Asked Questions
Quick answers to the most common questions about buying WPC stock.
How much dividend does WPC pay per share?
W. P. Carey Inc. (WPC) pays a trailing 12-month dividend of $3.57 per share, with a current dividend yield of +4.9%. Payments are made Annual.
When is WPC's next ex-dividend date?
WPC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WPC typically pays dividends Annual.
Is WPC's dividend safe?
WPC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.7% and FCF payout ratio of +69.4%. The 1-year growth streak provides moderate confidence.
How many years has WPC increased its dividend?
WPC has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -2.4%.
How often does WPC pay dividends?
W. P. Carey Inc. pays dividends Annual. The trailing 12-month total is $3.57 per share. Dividend data on this page covers 28+ years from 1998 to 2026.
How much would $10,000 invested in WPC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WPC five years ago would be worth approximately $12,731 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WPC's yield on cost for long-term holders?
WPC's yield on cost — the current dividend divided by the original purchase price — is +5.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.9% market yield, thanks to the lower original cost basis.