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

Rhea-AI Summary

CoreSite Realty Corporation (NYSE:COR) has announced a cash dividend of $1.27 per share for Q2 2021, a 3.25% increase from the previous quarter's dividend of $1.23. The dividend is set to be distributed on July 15, 2021, to shareholders recorded as of June 30, 2021. This dividend increase signifies the company's positive cash flow and commitment to returning value to its shareholders.

Positive

• Cash dividend increased by 3.25% to $1.27 per share for Q2 2021.
• Demonstrates strong cash flow and commitment to shareholder returns.

Negative

• None.

CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, 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 second quarter of 2021, reflecting a 3.25% increase over the prior quarter dividend of $1.23.

The dividend will be paid on July 15, 2021, to shareholders of record as of June 30, 2021.

About CoreSite

CoreSite Realty Corporation (NYSE:COR) delivers secure, 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 1,375 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 475+ 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/20210519005922/en/

FAQ

What is the dividend amount for CoreSite Realty Corporation (COR) in Q2 2021?

The dividend amount for Q2 2021 is $1.27 per share.

When will the dividend for CoreSite Realty Corporation (COR) be paid?

The dividend will be paid on July 15, 2021.

What is the record date for shareholders to receive the dividend for CoreSite Realty Corporation (COR)?

The record date is June 30, 2021.

How much has the dividend increased compared to the previous quarter for CoreSite Realty Corporation (COR)?

The dividend has increased by 3.25% from $1.23 to $1.27 per share.