Digital Realty Declares Quarterly Cash Dividend For Common And Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) announced its board has authorized quarterly cash dividends for common and preferred stock for Q2 2021. The cash dividend for common stock is $1.16 per share, payable on June 30, 2021, to shareholders on record by June 15, 2021. For preferred stock, dividends authorized include $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all payable on June 30, 2021. This reflects the company's ongoing commitment to return value to shareholders.

Positive

• Authorized cash dividend of $1.16 per share for common stock.
• Cash dividends for preferred stocks Series J, K, and L indicate strong financial stability.
• Payment date for all dividends is set for June 30, 2021.

Negative

• None.

AUSTIN, Texas, May 10, 2021 /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 second quarter of 2021.

Common Stock
Digital Realty's board of directors authorized a cash dividend of $1.16 per share to common stockholders of record as of the close of business on June 15, 2021.  The common stock cash dividend will be paid on June 30, 2021.  

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 June 15, 2021.  The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2021. 

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 June 15, 2021.  The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2021.  

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 June 15, 2021.  The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2021. 

About Digital Realty
Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions.  PlatformDIGITAL®, the company's global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDx™ solution methodology for scaling digital business and efficiently managing data gravity challenges.  Digital Realty's global data center footprint gives customers access to the connected communities that matter to them with 290 facilities in 47 metros across 24 countries on six continents.  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
+1 (415) 738-6500

Investor Relations
John J. Stewart / Jim Huseby
Digital Realty
+1 (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 dividend amount for Digital Realty's common stock in Q2 2021?

The dividend amount for common stock is $1.16 per share.

When will Digital Realty pay its dividends for the second quarter of 2021?

The dividends will be paid on June 30, 2021.

What are the dividend amounts for Digital Realty's preferred stocks?

For Q2 2021, the dividends are $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.

Who is eligible to receive Digital Realty's Q2 2021 dividends?

Shareholders of record as of June 15, 2021, are eligible to receive the dividends.

How often does Digital Realty declare dividends?

Digital Realty typically declares dividends quarterly.