Digital Realty Declares Quarterly Cash Dividend for Common and Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) has announced its board of directors authorized quarterly cash dividends for common and preferred stock for Q1 2023. The cash dividend for common stock is set at $1.22 per share for stockholders of record by March 15, 2023, with a payment date of March 31, 2023. Preferred shareholders will receive the following dividends: $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, also payable on March 31, 2023. This decision demonstrates the company's commitment to returning value to its shareholders through consistent dividend payments.

Positive

• Quarterly cash dividend of $1.22 per share for common stock.
• Payment date for dividends is March 31, 2023, showing timely return of capital to shareholders.
• Preferred stock dividends authorized indicate ongoing financial health and shareholder returns.

Negative

• None.

AUSTIN, Texas, Feb. 22, 2023 /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 first quarter of 2023.    

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 March 15, 2023. The common stock cash dividend will be paid on March 31, 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 March 15, 2023. The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on March 31, 2023.    

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 March 15, 2023. The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on March 31, 2023.    

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 March 15, 2023. The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on March 31, 2023.    

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 28 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 Digital Realty's common stock?

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

When will Digital Realty pay its quarterly dividends?

Digital Realty will pay its quarterly dividends on March 31, 2023.

What are the dividends for Digital Realty's preferred stock?

Dividends for preferred stock include $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.

Who are the shareholders of record for the dividend payment?

Shareholders of record for the dividend payment are those holding shares as of the close of business on March 15, 2023.

How does the dividend payment impact Digital Realty investors?

The dividend payment reflects Digital Realty's commitment to returning value to its shareholders and indicates financial stability.