Equinix Declares Quarterly Dividend on Its Common Stock

Rhea-AI Summary

Equinix, Inc. (Nasdaq: EQIX) announced a quarterly cash dividend of $3.10 per share, payable on September 21, 2022, to shareholders of record by August 17, 2022. This declaration reflects the company’s commitment to returning capital to shareholders. Equinix is recognized as a leading digital infrastructure provider, facilitating global connectivity for businesses. The press release also includes forward-looking statements that outline potential risks impacting future results, such as competition and operational challenges.

Positive

• Quarterly cash dividend of $3.10 supports shareholder returns.

Negative

• Risks include competition, operational challenges, and potential customer revenue declines.

REDWOOD CITY, Calif., July 27, 2022  /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company^TM, today announced that its board of directors has declared a quarterly cash dividend of $3.10 per share on its common stock. The quarterly common stock dividend will be paid on September 21, 2022 to shareholders of record on August 17, 2022.

About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

 

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SOURCE Equinix, Inc.

FAQ

What is the dividend amount declared by Equinix (EQIX)?

Equinix declared a quarterly cash dividend of $3.10 per share.

When will the dividend be paid to shareholders of Equinix (EQIX)?

The dividend will be paid on September 21, 2022.

What is the record date for Equinix (EQIX) dividend payment?

The record date for the dividend payment is August 17, 2022.

What risks does Equinix (EQIX) face according to the press release?

Equinix faces risks related to competition, operational challenges, and potential declines in customer revenue.