W. P. Carey Announces Tax Treatment of 2024 Dividends

PR Newswire

NEW YORK, Jan. 31, 2025

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2024. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends.

CUSIP 92936U109

 
FORM 1099-DIV                             Box 1a       Box 2a          Box 3         Box 1b        Box 2b       Box 2f       Box 5 
--------------------------------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
                                                                                                               Section                  Section 1061   Section 1061 
                                                                                                Unrecaptured     897                      One-Year      Three-Year 
  Record       Payment    Distribution   Ordinary   Capital Gain    Nondividend    Qualified    Section 1250   Capital    Section 199A     Amounts        Amounts 
    Date         Date       Per Share    Dividends  Distributions  Distributions  Dividends(1)    Gain(2)      Gain(3)    Dividends(4)  Disclosure(5)  Disclosure(5) 
-----------  -----------  ------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
12/29/2023    1/16/2024    $0.8600000   $0.7610916   $0.0585543     $0.0403541     $0.0010442    $0.0383228   $0.0535645   $0.7600474    $0.0029650     $0.0029650 
-----------  -----------  ------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
 3/28/2024    4/15/2024    $0.8650000   $0.7655165   $0.0588947     $0.0405888     $0.0010503    $0.0385456   $0.0538759   $0.7644663    $0.0029823     $0.0029823 
-----------  -----------  ------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
 6/28/2024    7/15/2024    $0.8700000   $0.7699415   $0.0592351     $0.0408234     $0.0010563    $0.0387684   $0.0541873   $0.7688851    $0.0029995     $0.0029995 
-----------  -----------  ------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
 9/30/2024   10/15/2024    $0.8750000   $0.7743664   $0.0595756     $0.0410580     $0.0010624    $0.0389912   $0.0544987   $0.7733040    $0.0030167     $0.0030167 
-----------  -----------  ------------  ----------  -------------  -------------  ------------  ------------  ----------  ------------  -------------  ------------- 
 
 
 
  (1)  Qualified Dividends is a subset of, and included in, the Taxable 
       Ordinary Dividends amount. 
  (2)  Unrecaptured Section 1250 Gain is a subset of, and included in, the 
       Taxable Capital Gain Distributions amount. 
  (3)  Section 897 Capital Gain is a subset of, and included in, the Taxable 
       Capital Gain Distributions amount. 
  (4)  Section 199A Dividends is a subset of, and included in, the Taxable 
       Ordinary Dividends amount. 
  (5)  For the purposes of Section 1061 of the Internal Revenue Code, the 
       "one-year amounts disclosure" and "three-year amounts disclosure" 
       related to the capital gain distributions reported in box 2a are 
       generally applicable to direct and indirect holders of "applicable 
       partnership interests". 
 

W. P. Carey Inc.

W. P. Carey ranks among the largest net lease REITs with a well-diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,430 net lease properties covering approximately 172 million square feet and a portfolio of 78 self-storage operating properties as of September 30, 2024. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations.

www.wpcarey.com

Institutional Investors:

Peter Sands

1 (212) 492-1110

institutionalir@wpcarey.com

Individual Investors:

W. P. Carey Inc.

1 (212) 492-8920

ir@wpcarey.com

Press Contact:

Anna McGrath

1 (212) 492-1166

amcgrath@wpcarey.com

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SOURCE W. P. Carey Inc.

(END) Dow Jones Newswires

January 31, 2025 07:30 ET (12:30 GMT)