W. P. Carey Inc.
WPCReal Estate · Stock · quarterly payer
Forward Yield
5.34%
Annual Dividend
$3.76
Payout Ratio
127%
5-Yr Growth
-2.4%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of September 2026, W. P. Carey Inc. (WPC) yields 5.34% ($3.76 per share annually), with a blended fair-value estimate of $70.92 — +1% upside, so it screens as fairly valued. Dividend safety grade: C (51/100). 1 years of dividend growth.
Is WPC a good dividend stock?
MixedW. P. Carey Inc. (WPC) pays a quarterly dividend yielding 5.34% ($3.76/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (127%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.34%
- Payout Ratio
- 127%
- Annual Dividend
- $3.76
- 5-Yr Avg Growth
- -2.4%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.77
- Market Cap
- $16.0B
- P/E Ratio
- 24.1
- 5-Yr Total Return
- -2%
- 52-Week Range
- $63.08 – $77.22
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
WPC Price — Last 12 Months
Daily close
Price Return
1 Year
+4%
3 Years
+33%
5 Years
-2%
52-Week Range
$63.08 – $77.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WPC worth?
Fairly valuedlow confidenceOur blended fair-value estimate for W. P. Carey Inc. is $70.92 per share, versus a market price of $70.38. That implies the stock is roughly fairly priced.
Fair Value
$70.92
Current Price
$70.38
Gap
+1%
Margin of Safety
1%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.2% discount rate (CAPM), 3.5% stage-1 growth, 2.5% terminal growth, $2.92 EPS, $3.76 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WPC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.9400 | regular |
| Mar 31, 2026 | — | $0.9300 | regular |
| Dec 31, 2025 | — | $0.9200 | regular |
| Sep 30, 2025 | — | $0.9100 | regular |
| Jun 30, 2025 | — | $0.9000 | regular |
| Mar 31, 2025 | — | $0.8900 | regular |
| Dec 31, 2024 | — | $0.8800 | regular |
| Sep 30, 2024 | — | $0.8750 | regular |
| Jun 28, 2024 | — | $0.8700 | regular |
| Mar 27, 2024 | — | $0.8650 | regular |
| Dec 28, 2023 | — | $0.8600 | regular |
| Sep 28, 2023 | — | $1.0490 | regular |
| Jun 29, 2023 | — | $1.0470 | regular |
| Mar 30, 2023 | — | $1.0451 | regular |
Income Calculator
At $3.76 / yr per share
