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W. P. Carey raises 2026 AFFO guidance, adds 45 properties, and maintains strong dividend growth with 98.5% occupancy.

Company Fundamentals
20 Aug 2026
Seeking Alpha
View Source
Bullish
W. P. Carey raises 2026 AFFO guidance, adds 45 properties, and maintains strong dividend growth with 98.5% occupancy.

W. P. Carey Inc. raised and narrowed its adjusted funds from operations (AFFO) guidance for 2026, driven by strong execution and portfolio growth, including the addition of 45 new properties in Q2. The REIT maintains a high occupancy rate of 98.5% and a robust dividend coverage ratio of 143%, supporting a safe 5% dividend yield with ongoing growth prospects. The company is strategically focusing on industrial and warehouse assets, trading at a 13.8x forward AFFO multiple, signaling confidence in its portfolio expansion and financial health.

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