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WPC vs IIPR: Dividend Comparison 2026

WPC yields 6.27% · IIPR yields 4.00% · See full DRIP projection below

vsEnter any two US tickers
After 10 years · $10,000 invested · DRIP enabled
🏆 IIPR wins by $17.5K in total portfolio value
10 years
WPC
W. P. Carey Inc.
6.27%
Share price
$54.20
Annual div
$3.40
5Y div CAGR
-1.2%
Payout ratio
78%
After 10 yrs · $10,000 · DRIP
Portfolio value
$10.5K
Annual income
$1,239.62
Full WPC calculator →
IIPR
IIPR
4.00%
Share price
$50.00
Annual div
$2.00
5Y div CAGR
5%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$28.0K
Annual income
$899.19
Full IIPR calculator →

Portfolio growth — WPC vs IIPR

Annual dividend income

MetricWPCIIPR
Forward yield6.27%4.00%
Annual dividend / share$3.40$2.00
Payout ratio78%50%
1-year div growth-18.4%5%
5-year div CAGR-1.2%5%
Portfolio after 10y$10.5K$28.0K
Annual income after 10y$1,239.62$899.19
Total dividends collected$8.6K$6.4K
Payment frequencyquarterlyquarterly
SectorREITREIT

Year-by-year: WPC vs IIPR ($10,000, DRIP)

YearWPC PortfolioWPC Income/yrIIPR PortfolioIIPR Income/yrGap
1$9,780$619.78$11,120$420.00$1.3KIIPR
2$9,612$653.77$12,357$458.31$2.7KIIPR
3$9,498$693.07$13,721$499.76$4.2KIIPR
4$9,439$738.65$15,227$544.58$5.8KIIPR
5$9,437$791.75$16,885$593.02$7.4KIIPR
6$9,499$853.88$18,713$645.34$9.2KIIPR
7$9,628$926.97$20,724$701.81$11.1KIIPR
8$9,832$1,013.42$22,938$762.73$13.1KIIPR
9$10,123$1,116.32$25,372$828.41$15.2KIIPR
10$10,512$1,239.62$28,047$899.19$17.5KIIPR

WPC vs IIPR: Complete Analysis 2026

WPCREIT

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.

Full WPC Calculator →

IIPRREIT

IIPR is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in IIPR shares.

Full IIPR Calculator →

Frequently Asked Questions

Is WPC or IIPR better for dividend income in 2026?
WPC currently offers a 6.27% yield (3.40/share/year) while IIPR offers 4.00% (2.00/share/year). WPC provides higher current income. However, IIPR has grown its dividend faster (5% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in WPC vs IIPR earn per year?
With $10,000 invested today: WPC pays approximately $627/year. IIPR pays approximately $400/year. With DRIP reinvestment over 10 years, these grow to $1,240/year (WPC) and $899/year (IIPR).
Does WPC or IIPR pay monthly dividends?
WPC pays quarterly dividends. IIPR pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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⚠️ Educational purposes only. Not financial advice. All projections use historical data; actual results will vary.