Digital Realty Declares Quarterly Cash Dividend For Common And Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) announced its board's authorization of quarterly cash dividends for the fourth quarter of 2020. A cash dividend of $1.12 per share will be paid to common stockholders on January 15, 2021, for those on record by December 15, 2020. Preferred stock dividends include $0.414063 for Series C, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L, all payable on December 31, 2020. This indicates continued income for shareholders amidst the ongoing financial landscape.

Positive

• Authorized a common stock dividend of $1.12 per share.
• Dividends show commitment to returning value to shareholders.
• Preferred stockholders will receive dividends, enhancing attractiveness.

Negative

• None.

SAN FRANCISCO, Nov. 10, 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 fourth 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 December 15, 2020.  The common stock cash dividend will be paid on January 15, 2021.  

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 December 15, 2020.  The Series C Cumulative Redeemable Perpetual Preferred Stock cash dividend will be paid on December 31, 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 December 15, 2020.  The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 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 December 15, 2020.  The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 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 December 15, 2020.  The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 2020. 

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 more than 284 facilities in 49 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. 

View original content:http://www.prnewswire.com/news-releases/digital-realty-declares-quarterly-cash-dividend-for-common-and-preferred-stock-301170455.html

SOURCE Digital Realty

FAQ

What is the dividend amount for Digital Realty common stock in Q4 2020?

Digital Realty declared a cash dividend of $1.12 per share for common stock in the fourth quarter of 2020.

When will the common stock dividend be paid for Digital Realty?

The common stock dividend will be paid on January 15, 2021.

What are the preferred stock dividends for Digital Realty in Q4 2020?

Preferred stock dividends include $0.414063 for Series C, $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.

When will the preferred stock dividends be paid for Digital Realty?

Preferred stock dividends will be paid on December 31, 2020.

Who is eligible for Digital Realty's Q4 2020 dividends?

Stockholders of record as of December 15, 2020, will be eligible for the dividends.