Digital Realty Declares Quarterly Cash Dividend For Common And Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) announced on August 11, 2020, its board of directors authorized quarterly cash dividends for common and preferred stock for Q3 2020. Shareholders of common stock will receive a dividend of $1.12 per share, payable on September 30, 2020. Preferred stock dividends include $0.414063 for Series C, $0.367188 for Series G, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all of which will be paid on the same date to shareholders of record on September 15, 2020.

Positive

• Quarterly cash dividend of $1.12 for common stock demonstrates company confidence.
• Preferred stock dividends ensure returns for various shareholder classes.

Negative

• None.

SAN FRANCISCO, Aug. 11, 2020 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading 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 third quarter of 2020. 

Common Stock
Digital Realty's board of directors authorized a cash dividend of $1.12 per share to common stockholders of record as of the close of business on September 15, 2020.  The common stock cash dividend will be paid on September 30, 2020.  

Series C Cumulative Redeemable Perpetual Preferred Stock
The company's board of directors authorized a cash dividend of $0.414063 per share to holders of record of the company's 6.625% Series C Cumulative Redeemable Perpetual Preferred Stock as of the close of business on September 15, 2020.  The Series C Cumulative Redeemable Perpetual Preferred Stock cash dividend will be paid on September 30, 2020. 

Series G Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of $0.367188 per share to holders of record of the company's 5.875% Series G Cumulative Redeemable Preferred Stock as of the close of business on September 15, 2020.  The Series G Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2020. 

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 September 15, 2020.  The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2020. 

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 September 15, 2020.  The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2020.  

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 September 15, 2020.  The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2020. 

About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of customers across the Americas, EMEA and APAC, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.  To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter. 

For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500

Investor Relations
John J. Stewart
Digital Realty
(415) 738-6500
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 common stock dividend amount for Digital Realty in Q3 2020?

The common stock dividend amount is $1.12 per share.

When will Digital Realty's Q3 2020 dividends be paid?

The dividends will be paid on September 30, 2020.

Who is eligible for the Digital Realty dividends in Q3 2020?

Shareholders of record as of September 15, 2020, are eligible.

What are the amounts for the preferred stock dividends in Q3 2020?

Dividends for preferred stocks are $0.414063 for Series C, $0.367188 for Series G, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.