Digital Realty Declares Quarterly Cash Dividend for Common and Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) has authorized quarterly cash dividends for the fourth quarter of 2022. Shareholders of common stock will receive $1.22 per share, payable on January 13, 2023, to those on record by December 15, 2022. Additionally, the Series J, K, and L preferred stockholders will receive dividends of $0.328125, $0.365625, and $0.325000 per share respectively, all payable on December 30, 2022. This announcement reflects the company's ongoing commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $1.22 for common stock reflects strong financial health.
• Positive cash dividends for Series J, K, and L preferred stock enhance investor confidence.

Negative

• None.

AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today its board of directors has authorized quarterly cash dividends for common and preferred stock for the fourth quarter of 2022.    

Common Stock  
Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on December 15, 2022. The common stock cash dividend will be paid on January 13, 2023.    

Series J Cumulative Redeemable Preferred Stock  
The company's board of directors authorized a cash dividend of $0.328125 per share to holders of record of the company's 5.250% Series J Cumulative Redeemable Preferred Stock as of the close of business on December 15, 2022. The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on December 30, 2022.    

Series K Cumulative Redeemable Preferred Stock  
The company's board of directors authorized a cash dividend of $0.365625 per share to holders of record of the company's 5.850% Series K Cumulative Redeemable Preferred Stock as of the close of business on December 15, 2022. The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on December 30, 2022.    

Series L Cumulative Redeemable Preferred Stock  
The company's board of directors authorized a cash dividend of $0.325000 per share to holders of record of the company's 5.200% Series L Cumulative Redeemable Preferred Stock as of the close of business on December 15, 2022. The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on December 30, 2022.    

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 communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 27 countries on six continents.  To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.   

Investor Relations  
Jordan Sadler / Jim Huseby  
Investor Relations  
Digital Realty  
(737) 281-0101  
InvestorRelations@digitalrealty.com 

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 timing of expected 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.

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SOURCE Digital Realty

FAQ

What is the cash dividend amount for DLR common stock in Q4 2022?

Digital Realty has declared a cash dividend of $1.22 per share for common stock.

When will the cash dividend for DLR common stock be paid?

The cash dividend for common stock will be paid on January 13, 2023.

Who is eligible for the DLR common stock dividend?

Stockholders on record as of December 15, 2022, are eligible for the common stock dividend.

What are the dividend amounts for DLR preferred stock in Q4 2022?

The dividends for preferred stock are $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.

When will DLR preferred stock dividends be paid?

The preferred stock dividends will be paid on December 30, 2022.