Digital Realty Announces Exciting Quarterly Dividend Updates
Digital Realty's Latest Dividend Announcements
In a recent update, Digital Realty (NYSE: DLR), a leading provider of cloud and carrier-neutral data center solutions, has revealed that its board of directors has authorized quarterly cash dividends on both common and preferred stock. This decision, aimed at rewarding shareholders, reflects the company's strong performance and commitment to returning value.
Details on Common Stock Dividend
The board has approved a cash dividend of $1.22 per share to common stockholders. This payment is set for distribution on a specified date, ensuring that everyone on record will benefit from the company’s robust financial health. The decision to issue this dividend comes as Digital Realty continues to thrive in a competitive market.
Key Dates for Common Stockholders
To qualify for this cash dividend, shareholders need to be on record by the close of business on the designated date. This ensures that all eligible parties receive their dividends as expected, showcasing Digital Realty's commitment to transparency and reliability in its financial dealings.
Preferred Stock Dividend Information
Additionally, Digital Realty has also announced dividends for its preferred stockholders. The board authorized several cash dividends for different series of the company's cumulative redeemable preferred stock, benefiting those who are investing in preferred shares. These upcoming payments highlight Digital Realty’s broad approach to enhancing shareholder value.
Overview of Preferred Stock Dividends
For the 5.250% Series J Cumulative Redeemable Preferred Stock, a cash dividend of $0.328125 per share has been authorized. For the 5.850% Series K and 5.200% Series L Cumulative Redeemable Preferred Stocks, the authorized dividends are $0.365625 and $0.325000 respectively. All dividends are set to be paid on the same date at the end of March, showcasing a coordinated approach by the company to reward its preferred shareholders.
About Digital Realty
Digital Realty is at the forefront of integrating companies and data through its vast spectrum of data center service offerings. Through its innovative PlatformDIGITAL®, Digital Realty delivers a secure base for data interaction and management, promoting growth while tackling challenges related to data gravity. With over 300 facilities spanning across 50 metropolitan areas in over 25 countries, the company’s global presence is a testament to its industry leadership.
Contact Information for Investors
For those seeking more details about Digital Realty's performance or future endeavors, the investor relations team is available. Jordan Sadler and Jim Huseby from their Investor Relations department can provide insights and updates as needed, ensuring that stakeholders remain well-informed.
Frequently Asked Questions
What are the dividend amounts for Digital Realty's common stock?
The authorized cash dividend amount for common stockholders is $1.22 per share.
When will the dividends be paid?
The payouts for both common and preferred stock dividends are scheduled for the end of March, benefiting those recorded as shareholders.
What values do the Series J, K, and L preferred stocks represent?
The Series J dividend is $0.328125, Series K is $0.365625, and Series L is $0.325000.
How is Digital Realty ensuring shareholder value?
Through consistent dividend payments and a strong operational performance, Digital Realty is dedicated to providing value to its shareholders.
Where can I find more information about Digital Realty?
More details about the company and its offerings can be found on Digital Realty’s official website or by reaching out to their investor relations team.
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