SmarterDividends
WPC

W. P. Carey Inc.

WPC

Real Estate · REIT - Diversified · Stock · quarterly payer

$64.10

Fairly valued · +13% Add to Portfolio

Forward Yield

5.93%

Annual Dividend

$3.80

Payout Ratio

130%

5-Yr Growth

-2.4%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about WPC's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 2, 2026, W. P. Carey Inc. (WPC) has a forward dividend yield of 5.93%, based on an annual dividend of $3.80 per share and a share price of $64.10.
  • As of Nov 2, 2026, WPC's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • WPC last cut its regular dividend in 2024.
  • WPC's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.95 per share.
  • As of Nov 2, 2026, WPC pays out 130% of its trailing 12-month earnings as dividends (its payout ratio).
  • WPC's dividend has shrunk at an average rate of 2.4% a year over the past five years.
  • As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for WPC is $72.71 per share, 13% above the $64.10 share price, so WPC screens as fairly valued.
  • W. P. Carey Inc. (WPC) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "WPC Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/WPC

Summary

As of Nov 2, 2026, W. P. Carey Inc. (WPC) yields 5.93% ($3.80 a year per share) and has a dividend safety grade of C (52/100).

Is WPC a good dividend stock?

Mixed

W. P. Carey Inc. (WPC) pays a quarterly dividend yielding 5.93% ($3.80/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 (130%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    5.93%
    Payout Ratio
    130%
    Annual Dividend
    $3.80
    5-Yr Avg Growth
    -2.4%
    Ex-Dividend Date
    Sep 30, 2026
    Years of Growth
    1
    Frequency
    quarterly
    Beta
    0.77
    Market Cap
    $14.8B
    P/E Ratio
    22.3
    5-Yr Total Return
    -14%
    52-Week Range
    $62.19 – $77.22
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2024)

    WPC dividend changes

    W. P. Carey Inc. (WPC) pays a variable dividend: across the 115 payments on record since 1998, 96 were higher than the one before and 1 lower. The latest change was up 1.1% to $0.950 per share, going ex-dividend on Sep 30, 2026.

    Ex-dateChangeOld → newMove
    Sep 30, 2026Higher$0.940 → $0.950+1.1%
    Jun 30, 2026Higher$0.930 → $0.940+1.1%
    Mar 31, 2026Higher$0.920 → $0.930+1.1%
    Dec 31, 2025Higher$0.910 → $0.920+1.1%
    Sep 30, 2025Higher$0.900 → $0.910+1.1%
    Jun 30, 2025Higher$0.890 → $0.900+1.1%
    Mar 31, 2025Higher$0.880 → $0.890+1.1%
    Dec 31, 2024Higher$0.875 → $0.880+0.6%
    Sep 30, 2024Higher$0.870 → $0.875+0.6%
    Jun 28, 2024Higher$0.865 → $0.870+0.6%
    Mar 27, 2024Higher$0.860 → $0.865+0.6%
    Dec 28, 2023Lower$1.05 → $0.860−18.0%
    Every WPC payment →Download every raise and cut (CSV)
    WPC ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →WPC dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is WPC a good dividend stock?

    Mixed. W. P. Carey Inc. (WPC) pays a quarterly dividend yielding 5.93% ($3.80/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.

    Is WPC undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WPC's fair value is about $72.71 versus a $64.10 share price — so it looks fairly valued (+13% vs. fair value).

    Is WPC's dividend safe?

    WPC has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is WPC's fair value?

    Our blended fair-value estimate for WPC is about $72.71 per share, roughly 13% above the current $64.10 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is WPC a buy, hold, or sell?

    We don't issue formal ratings, but on the data WPC screens as "mixed" and fairly valued. W. P. Carey Inc. (WPC) pays a quarterly dividend yielding 5.93% ($3.80/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. This is research for your own analysis, not investment advice.

    Will WPC cut its dividend?

    WPC earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does WPC pay a dividend?

    Yes. W. P. Carey Inc. pays a quarterly dividend of about $3.80 per share annually, a forward yield of roughly 5.93%.

    What is WPC's dividend yield?

    As of Nov 2, 2026, WPC's forward dividend yield is 5.93%, based on a $3.80 annual dividend and a $64.10 share price.

    What is WPC's dividend per share?

    As of Nov 2, 2026, WPC pays $3.80 per share per year, distributed on a quarterly basis.

    What is WPC's dividend payout ratio?

    As of Nov 2, 2026, WPC's payout ratio is 130% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has WPC grown its dividend?

    As of Nov 2, 2026, WPC has increased its dividend for 1 consecutive years.

    When is the next WPC ex-dividend date?

    As of Nov 2, 2026, WPC's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.95 per share.

    WPC Dividend News

    WPC
    IncreaseWPC·Oct 1, 2026

    W. P. Carey Raises Quarterly Dividend 1.1% to $0.95

    W. P. Carey raised its quarterly dividend to $0.95, continuing a one-year growth streak while its 127% earnings payout ratio keeps coverage in focus.

    WPC
    IncreaseWPC·Jul 1, 2026

    W. P. Carey Raises Quarterly Dividend After 2024 Cut

    W. P. Carey lifted its quarterly dividend to $0.94 per share, marking one year of renewed growth after a 2024 reduction tied to its portfolio reshaping.

    Income Calculator

    At $3.80 / yr per share

    Per payment (quarterly)$95.00
    Annual$380.00
    Monthly avg$31.67

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