Digital Realty Declares Quarterly Cash Dividend For Common And Preferred Stock

Rhea-AI Summary

On August 11, 2021, Digital Realty (DLR) announced the declaration of quarterly cash dividends for common and preferred stock for Q3 2021. The cash dividend for common stock is set at $1.16 per share, payable to shareholders of record by September 15, 2021, with payment on September 30, 2021. Additionally, dividends for preferred stock include $0.328125 (Series J), $0.365625 (Series K), and $0.325000 (Series L), all payable on the same date. This decision reflects the company's ongoing commitment to providing returns to its shareholders.

Positive

• Quarterly cash dividend of $1.16 per share for common stock demonstrates commitment to shareholder returns.
• Preferred stock dividends of $0.328125, $0.365625, and $0.325000 highlight strong financial discipline.

Negative

• None.

AUSTIN, Texas, Aug. 11, 2021 /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 third 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 September 15, 2021.  The common stock cash dividend will be paid on September 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 September 15, 2021.  The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on September 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 September 15, 2021.  The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on September 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 September 15, 2021.  The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on September 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 291 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. 

View original content:https://www.prnewswire.com/news-releases/digital-realty-declares-quarterly-cash-dividend-for-common-and-preferred-stock-301353789.html

SOURCE Digital Realty

FAQ

What is the dividend amount for Digital Realty (DLR) in Q3 2021?

The dividend amount for Digital Realty's common stock is $1.16 per share for Q3 2021.

When will the dividends for Digital Realty (DLR) be paid?

The dividends for Digital Realty will be paid on September 30, 2021.

What is the record date for the Q3 2021 dividends for Digital Realty (DLR)?

The record date for the dividends is September 15, 2021.

Are there any preferred stock dividends for Digital Realty (DLR)?

Yes, Digital Realty will pay dividends for its preferred stock, including $0.328125 for Series J, $0.365625 for Series K, and $0.325000 for Series L.

How does Digital Realty (DLR) ensure sustainability in its dividend payments?

Digital Realty maintains a strong financial discipline to support its dividend payments, as indicated by its regular quarterly cash dividends.