WASHINGTON (dpa-AFX) - W. P. Carey Inc. (WPC) reported that its Board of Directors had increased its quarterly cash dividend to $0.86 per share, payable on October 15, 2013 to stockholders of record as of September 30, 2013.
W. P. Carey President and CEO Trevor Bond, noted, 'Our 50th consecutive quarterly dividend increase marks an important milestone for W. P. Carey and once again demonstrates our commitment to providing attractive risk-adjusted returns to our stockholders. Since going public 15 years ago, our established investment strategy has allowed us to continue to generate steady cash flow and increase our dividend throughout a range of economic cycles, including the most recent financial crisis'.
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