About W. P. Carey Inc. (WPC) — Dividend Analysis 2026
W. P. Carey owns a diversified global net-lease portfolio including industrial, warehouse, and retail properties. After cutting its dividend in late 2023 to exit office properties, the company reset at a lower but more sustainable level. Wide geographic diversification across US and Europe distinguishes it from peers.
Is WPC a good dividend investment in 2026?
WPC offers a 6.27% forward yield with a 78% payout ratio. With a safety score of 65/100, the dividend appears safe. The 5-year dividend CAGR of -1.2% is modest — investors should weigh current income against growth alternatives.
WPC DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your WPC portfolio grows to $10.5K vs $10.0K without reinvestment — a DRIP bonus of $479.81. This is the compound interest effect in action.
WPC dividend growth history & forecast
WPC has grown its dividend by -18.4% over the last year and -1.2% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.27% — illustrating why dividend growth stocks are powerful long-term wealth builders.
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🌍 WPC Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold WPC.
Gross yield
6.27%
Tax rate
15.00%
After-tax yield
5.33%
Real yield (−CPI)
2.53%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.27%
3.47%
$627 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.33%
2.53%
$533 / yr
🇺🇸 US Taxable (20%)
20%
5.02%
2.22%
$502 / yr
🇬🇧 UK ISA
0%
6.27%
3.47%
$627 / yr
🇬🇧 UK Taxable
8.75%
5.72%
2.92%
$572 / yr
🇨🇦 TFSA
0%
6.27%
3.47%
$627 / yr
🇨🇦 CA Taxable
25%
4.70%
1.90%
$470 / yr
🇦🇺 Super (pension)
15%
5.33%
2.53%
$533 / yr
🇦🇺 AU Taxable
30%
4.39%
1.59%
$439 / yr
🇩🇪 DE Taxable
26.375%
4.62%
1.82%
$462 / yr
🇫🇷 FR Taxable
30%
4.39%
1.59%
$439 / yr
Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 WPC Income Goal & Break-Even
Dividend Break-Even
22yr
Years for dividends to repay your full WPC investment price of $54.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$6.9K
Lost to inflation (~2.8% CPI)
−$2.5K
Real purchasing power gain
$4.4K
How much do I need to invest in WPC for:
Shares needed
8,305
Capital required
$450,131
Monthly income
$2,000
Based on current dividend of $3.40/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 WPC Dividend Payment Schedule
WPC pays quarterly — 4 times per year. Next ex-div: Mar 28, 2026.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$7.22 / payment
$28.90 / year after tax
100 shares
$72.25 / payment
$289.00 / year after tax
1,000 shares
$722.50 / payment
$2890.00 / year after tax
📊 WPC vs REIT Sector Benchmarks
How WPC compares to typical REIT sector averages.
Dividend YieldWPC: +6.27% vs sector avg 5.20% ✓ Better
Payout RatioWPC: 78.00% vs sector avg 75.00% ↓ Below avg
WPC━━ REIT avg: 75.00%
⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.