---
schema_version: "secwatch.filing_event.v1"
accession: "0001025378-23-000032"
form_type: "8-K"
ticker: "WPC"
cik: "0001025378"
company_name: "W. P. Carey Inc."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T17:24:37.715880+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# W.P. Carey Q4 AFFO $1.29, FY 2022 AFFO $5.29, raises dividend, guides FY23 $5.30-$5.40

## Summary
- Q4 net income $209.5M vs $99.6M YoY; diluted EPS $1.00.
- Q4 AFFO $269.7M ($1.29/diluted share), down 0.8% YoY but Real Estate AFFO up 1.6%.
- Full year AFFO $1,060.6M ($5.29/diluted share), up 5.2% YoY; Real Estate AFFO $5.20 (+6.3%).
- Quarterly dividend raised to $1.065/share ($4.26 annualized), paid Jan 13, 2023.
- FY23 AFFO guidance $5.30-$5.40; investment volume $1.75B-$2.25B; $559M forward equity available.

## SEC filing metadata
- accession: 0001025378-23-000032
- form_type: 8-K
- ticker: WPC
- cik: 0001025378
- company_name: W. P. Carey Inc.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000032/0001025378-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000032/wpc-20230210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025378-23-000032
- JSON: https://secwatch.observer/filing/0001025378-23-000032.json
- Plain text: https://secwatch.observer/filing/0001025378-23-000032.txt

## Key facts
- Earnings Releases
  W. P. Carey Inc. reported the full year ended December 31, 2022 results: revenue $1.48 billion, net income $599.1 million, EPS $2.99. Guidance initiated.
  - Period: the full year ended December 31, 2022
  - Revenue: $1.48 billion
  - Net income: $599.1 million
  - EPS: $2.99
  - Guidance: initiated
  - Result: reported results
  source text: to shareholders of record as of December 30, 2022. FULL YEAR FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2022 full year totaled $1.48 billion, up 11.1% from $1.33 billion for the 2021 full year. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2022 full year totaled $1.47 billion, up 11.9%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000032/0001025378-23-000032-index.htm
- Earnings Releases
  W. P. Carey Inc. reported the fourth quarter ended December 31, 2022 results: revenue $402.6 million, net income $209.5 million, EPS $1.00. Guidance initiated.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $402.6 million
  - Net income: $209.5 million
  - EPS: $1.00
  - Guidance: initiated
  - Result: reported results
  source text: ensures we’re well-positioned to execute.” QUARTERLY FINANCIAL RESULTS Revenues • Total Company: Revenues, including reimbursable costs, for the 2022 fourth quarter totaled $402.6 million, up 7.4% from $374.9 million for the 2021 fourth quarter. • Real Estate: Real Estate revenues, including reimbursable costs, for the 2022 fourth quarter were $402.1 million, up
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025378/000102537823000032/0001025378-23-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.