CoreSite Realty Corporation Announces Fourth-Quarter 2021 Dividend on Common Stock

Rhea-AI Summary

CoreSite Realty Corporation (NYSE:COR) announced a cash dividend of $1.27 per share for Q4 2021, maintaining the same amount as the previous quarter. This dividend will be distributed on December 13, 2021, to shareholders who are on record by December 2, 2021. The company is known for its high-performance data center campuses, providing cloud access and interconnection solutions across major U.S. metropolitan areas.

Positive

• Dividend maintained at $1.27 per share, indicating stable cash flow.
• Consistent dividend payment enhances shareholder confidence.

Negative

• None.

DENVER--(BUSINESS WIRE)-- CoreSite Realty Corporation (NYSE:COR) (“CoreSite”), a premier provider of secure, reliable, high-uptime data center campuses with high-performance cloud access and interconnection solutions in major U.S. metropolitan areas, today announced a cash dividend of $1.27 per share on common stock and common stock equivalents for the fourth quarter of 2021, consistent with the previous quarter.

The dividend will be paid on December 13, 2021, to stockholders of record as of December 2, 2021.

About CoreSite

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-uptime data center campuses with high-performance cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,370 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 480+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211117006393/en/

CoreSite

Kate Ruppe

Investor Relations Manager

303-222-7369

InvestorRelations@CoreSite.com

Source: CoreSite Realty Corporation

FAQ

What is the dividend amount for CoreSite Realty Corporation in 2021?

CoreSite Realty Corporation announced a cash dividend of $1.27 per share for the fourth quarter of 2021.

When is the dividend for CoreSite Realty Corporation paid?

The dividend will be paid on December 13, 2021.

What is the record date for the dividend payment of CoreSite Realty Corporation?

The record date for the dividend payment is December 2, 2021.

How often does CoreSite Realty Corporation pay dividends?

CoreSite Realty Corporation pays dividends quarterly.

Is the $1.27 dividend sustainable for CoreSite Realty Corporation?

The sustainability of the dividend can depend on the company's ongoing cash flow and business performance.