STOCK TITAN

Digital Realty Announces Tax Treatment of 2024 Dividends

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
dividends

Digital Realty (NYSE: DLR) has released its tax treatment details for 2024 dividends across its common and preferred stock series. The company's 2024 taxable dividend of $4.495471 per share for common stock comprises 77% ordinary income ($3.450878) and 23% capital gain distribution ($1.044593).

The dividend structure includes portions of four quarterly distributions: one from 2023 (paid January 2024) and three declared and paid in 2024. Each quarterly distribution amounts to $1.22 per share. For preferred stock, Series J reported $1.312500 per share, Series K $1.462500 per share, and Series L $1.300000 per share, all following a similar 77% ordinary income and 23% capital gain distribution pattern.

Digital Realty (NYSE: DLR) ha rilasciato i dettagli riguardanti il trattamento fiscale dei dividendi per il 2024 relativi alle sue azioni ordinarie e privilegiate. Il dividendo imponibile per il 2024 è di $4.495471 per azione per le azioni ordinarie, di cui il 77% è reddito ordinario ($3.450878) e il 23% è distribuzione di guadagni in conto capitale ($1.044593).

La struttura del dividendo comprende porzioni di quattro distribuzioni trimestrali: una relativa al 2023 (pagata a gennaio 2024) e tre dichiarate e pagate nel 2024. Ogni distribuzione trimestrale ammonta a $1.22 per azione. Per le azioni privilegiate, la Serie J ha riportato $1.312500 per azione, la Serie K $1.462500 per azione e la Serie L $1.300000 per azione, tutte seguendo un modello simile di 77% di reddito ordinario e 23% di distribuzione di guadagni in conto capitale.

Digital Realty (NYSE: DLR) ha publicado los detalles sobre el tratamiento fiscal de los dividendos de 2024 para sus acciones ordinarias y preferentes. El dividendo imponible del 2024 es de $4.495471 por acción para las acciones ordinarias, que consta del 77% de ingreso ordinario ($3.450878) y del 23% de distribución de ganancias de capital ($1.044593).

La estructura de dividendos incluye partes de cuatro distribuciones trimestrales: una de 2023 (pagada en enero de 2024) y tres declaradas y pagadas en 2024. Cada distribución trimestral equivale a $1.22 por acción. Para las acciones preferentes, la Serie J reportó $1.312500 por acción, la Serie K $1.462500 por acción, y la Serie L $1.300000 por acción, todas siguiendo un patrón similar de 77% de ingreso ordinario y 23% de distribución de ganancias de capital.

디지털 리얼티 (NYSE: DLR)는 2024년 보통주 및 우선주에 대한 배당금의 세무 처리 세부정보를 발표했습니다. 2024년 과세 배당금은 보통주로 주당 $4.495471이며, 이 중 77%는 일반 소득($3.450878), 23%는 자본 이득 분배($1.044593)로 구성됩니다.

배당 구조는 네 번의 분기 배당금 중 일부를 포함합니다: 2023년의 하나(2024년 1월 지급)와 2024년에 선언 및 지급된 세 개. 각 분기 배당금은 주당 $1.22입니다. 우선주에 대해서는, J 시리즈가 주당 $1.312500, K 시리즈가 주당 $1.462500, L 시리즈가 주당 $1.300000으로 보고되었으며, 모두 77%의 일반 소득과 23%의 자본 이득 분배 패턴을 따릅니다.

Digital Realty (NYSE: DLR) a publié les détails concernant le traitement fiscal des dividendes de 2024 pour ses actions ordinaires et privilégiées. Le dividende imposable de 2024 est de $4.495471 par action pour les actions ordinaires, dont 77% constituent des revenus ordinaires ($3.450878) et 23% une distribution de plus-values ($1.044593).

La structure des dividendes comprend des portions de quatre distributions trimestrielles : une de 2023 (payée en janvier 2024) et trois déclarées et payées en 2024. Chaque distribution trimestrielle s'élève à $1.22 par action. Pour les actions privilégiées, la série J a reporté $1.312500 par action, la série K $1.462500 par action, et la série L $1.300000 par action, toutes suivant un modèle similaire de 77% de revenus ordinaires et 23% de distribution de plus-values.

Digital Realty (NYSE: DLR) hat die Einzelheiten zur steuerlichen Behandlung der Dividenden für 2024 für seine Stamm- und Vorzugsaktien veröffentlicht. Die steuerpflichtige Dividende für 2024 beträgt $4.495471 pro Aktie für Stammaktien, wobei 77% als ordentliche Einkünfte ($3.450878) und 23% als Ausschüttung von Kapitalgewinnen ($1.044593) klassifiziert werden.

Die Dividendenstruktur umfasst Teile von vier vierteljährlichen Ausschüttungen: eine aus 2023 (ausgezahlt im Januar 2024) und drei, die 2024 erklärt und ausgezahlt werden. Jede vierteljährliche Ausschüttung beträgt $1.22 pro Aktie. Für Vorzugsaktien meldete die Serie J $1.312500 pro Aktie, die Serie K $1.462500 pro Aktie und die Serie L $1.300000 pro Aktie, wobei alle einem ähnlichen Muster von 77% ordentlichen Einkünften und 23% Ausschüttung von Kapitalgewinnen folgen.

Positive
  • Consistent quarterly dividend payments of $1.22 per share throughout 2024
  • Maintained dividend payments across all stock series (Common, Series J, K, and L)
  • 23% of distributions qualify as capital gains, potentially offering tax advantages to investors
Negative
  • None.

DALLAS, Jan. 21, 2025 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today the tax treatment of its 2024 dividends for common stock and preferred stock.  The information below has been prepared using the best available information to date.  Digital Realty's federal income tax return for the year ended December 31, 2024 has not yet been filed.  Please note that federal tax laws affect taxpayers differently, and we cannot advise you on how distributions should be reported on your federal income tax return.  Please also note that state and local taxation of REIT distributions vary and may not be the same as the federal rules.  Shareholders are urged to consult with their tax advisors as to their specific tax treatment of Digital Realty's dividends. 

Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR

Digital Realty's 2024 taxable dividend of $4.495471 per share includes a portion (68%) of one quarterly distribution declared in 2023 and paid in January 2024, and three quarterly distributions declared and paid in 2024. Digital Realty's 2024 taxable dividend will be reported on Form 1099-DIV as follows:  $3.450878 per share (77%) as ordinary income and $1.044593 per share (23%) as capital gain distribution.

The following table contains this information on a quarterly basis: 

Record
Dates

Payment
Dates (1)

Cash

Distribution

($ per share) (1)

Taxable

Dividend

($ per share) (1)

Box 1a
Ordinary
Dividend

($ per share)

Box 1b
Qualified
Dividend

($ per share)

Box 2a

 Long-Term
Capital Gain

 ($ per share)

Box 2b

Un-
Recaptured
Section 1250
Gain

 ($ per share)

Box 2f
Section 897
Capital Gain
($ per share) (2)

Box 5

Section 199A
Dividend

($ per share) (3)

Section 1061
One-Year
Capital Gain
($ per share) (4)

Section 1061
Three-Year
Capital Gain
($ per share) (4)

12/15/2023

1/19/2024

$1.220000

$0.835471

$0.641336

$-

$0.194135

$0.099870

$0.190012

$0.641336

$0.127756

$0.127629

3/15/2024

3/28/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370

6/14/2024

6/28/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370

9/13/2024

9/30/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370



$4.880000

$4.495471

$3.450878

$-

$1.044593

$0.537375

$1.022407

$3.450878

$0.687424

$0.686739



(1)

Please note that of the $1.22 quarterly distribution paid in January 2024, $0.384529 was included in the 2023 taxable dividend and $0.835471 is included in the 2024 taxable dividend for federal income tax purposes. The $1.22 quarterly cash distribution declared in the fourth quarter of 2024 and paid in January 2025 will be treated as a 2025 distribution for federal income tax purposes. It will not be included on the 2024 Form 1099-DIV and will be reported on your 2025 Form 1099-DIV.

(2)

Represents Section 897 gain attributable to disposition of U.S. real property interests included in Box 2a Long-Term Capital Gain. Section 897 is applicable to nonresident alien individuals and foreign corporations.

(3)

Beginning in 2018, the Tax Cuts and Jobs Act of 2017 added Section 199A to allow for a new tax deduction based on certain qualified business income.  Section 199A provides eligible individual taxpayers a deduction of up to 20% of their qualified real estate investment trust dividends. 

(4)

For purposes of Section 1061 of the Internal Revenue Code, Digital Realty is disclosing two additional capital gain categories.  Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests."  Please consult your tax advisor with respect to the two additional categories disclosed herein. 

Series J Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868855
Ticker Symbol: DLRPRJ

The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series J Cumulative Redeemable Preferred Stock is $1.312500 per share.  For tax reporting purposes, $1.007520 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.304980 per share (23%) as capital gain distribution. 

The following table contains this information on a quarterly basis:  

Record
Dates

Payment
Dates

Cash
Distribution

($ per share)

Taxable
Dividend

($ per share)

Box 1a

Ordinary
Dividend

($ per share)

Box 1b

Qualified
Dividend

($ per share)

Box 2a

 Long-Term
Capital Gain

 ($ per share)

Box 2b

Unrecaptured
Section 1250
Gain

 ($ per share)

Box 2f
Section 897
Capital Gain
($ per share)

Box 5

Section 199A
Dividend

($ per share)

Section 1061
One-Year
Amounts
Disclosure
($ per share)

Section 1061
Three-Year
Amounts
Disclosure
 ($ per share)

3/15/2024

3/28/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

6/14/2024

6/28/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

9/13/2024

9/30/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

12/13/2024

12/31/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125



$1.312500

$1.312500

$1.007520

$-

$0.304980

$0.156892

$0.298504

$1.007520

$0.200700

$0.200500

Series K Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868830
Ticker Symbol: DLRPRK

The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series K Cumulative Redeemable Preferred Stock is $1.462500 per share.  For tax reporting purposes, $1.122664 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.339836 per share (23%) as capital gain distribution. 

The following table contains this information on a quarterly basis:  

Record
Dates

Payment
Dates

Cash
Distribution

($ per share)

Taxable
Dividend

($ per share)

Box 1a

Ordinary
Dividend

($ per share)

Box 1b

Qualified
Dividend

($ per share)

Box 2a

 Long-Term
Capital Gain

 ($ per share)

Box 2b

Unrecaptured
Section 1250
Gain

 ($ per share)

Box 2f Section
897 Capital
Gain
($ per share)

Box 5

Section 199A
Dividend

($ per share)

Section 1061
One-Year
Amounts
Disclosure
 ($ per share)

Section 1061
Three-Year
Amounts
Disclosure
($ per share)

3/15/2024

3/28/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

6/14/2024

6/28/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

9/13/2024

9/30/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

12/13/2024

12/31/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854



$1.462500

$1.462500

$1.122664

$-

$0.339836

$0.174824

$0.332620

$1.122664

$0.223640

$0.223416

Series L Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868822
Ticker Symbol: DLRPRL

The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series L Cumulative Redeemable Preferred Stock is $1.300000 per share.  For tax reporting purposes, $0.997924 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.302076 per share (23%) as capital gain distribution. 

The following table contains this information on a quarterly basis:  

Record
Dates

Payment
Dates

Cash
Distribution

($ per share)

Taxable
Dividend

($ per share)

Box 1a

Ordinary
Dividend

($ per share)

Box 1b

Qualified
Dividend

($ per share)

Box 2a

 Long-Term
Capital Gain

 ($ per share)

Box 2b

Unrecaptured
Section 1250
Gain

 ($ per share)

Box 2f
Section 897
Capital Gain
($ per share)

Box 5

Section 199A
Dividend

($ per share)

Section 1061
One-Year
Amounts
Disclosure
($ per share)

Section 1061
Three-Year
Amounts
Disclosure
($ per share)

3/15/2024

3/28/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

6/14/2024

6/28/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

9/13/2024

9/30/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

12/13/2024

12/31/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648



$1.300000

$1.300000

$0.997924

$-

$0.302076

$0.155396

$0.295660

$0.997924

$0.198788

$0.198592

Note that ticker symbols may vary by stock quote provider. 

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the amount and payment of dividends on our common stock and preferred stock.  For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission.  The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 

For Additional Information

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
(415) 275 5344
InvestorRelations@digitalrealty.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-realty-announces-tax-treatment-of-2024-dividends-302356537.html

SOURCE Digital Realty Trust

FAQ

What is Digital Realty's (DLR) dividend amount per share for 2024?

Digital Realty's 2024 taxable dividend is $4.495471 per share, paid in quarterly installments of $1.22 per share.

How is DLR's 2024 dividend taxed?

The dividend is taxed as 77% ordinary income ($3.450878 per share) and 23% capital gain distribution ($1.044593 per share).

What are the dividend payment dates for Digital Realty (DLR) in 2024?

DLR paid dividends on January 19, March 28, June 28, and September 30, 2024.

What is the dividend amount for Digital Realty's Series K preferred stock (DLRPRK) in 2024?

The Series K preferred stock dividend is $1.462500 per share for 2024, paid in quarterly installments of $0.365625.

How much of DLR's 2024 dividend qualifies for Section 199A deduction?

The Section 199A dividend amount is $3.450878 per share for common stock, which represents the ordinary dividend portion.

Digital Realty Trust, Inc.

NYSE:DLR

DLR Rankings

DLR Latest News

DLR Stock Data

61.47B
331.60M
0.03%
100.73%
2.11%
REIT - Specialty
Real Estate Investment Trusts
Link
United States of America
AUSTIN