W. P. Carey Increases Quarterly Dividend To $1.071 per Share
Portfolio Pulse from Benzinga Newsdesk
W. P. Carey has announced an increase in its quarterly dividend to $1.071 per share.
September 14, 2023 | 8:38 pm
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POSITIVE IMPACT
W. P. Carey's decision to increase its quarterly dividend could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially lead to increased demand for the stock, pushing the price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100