Equinix Declares Quarterly Dividend on Its Common Stock

Rhea-AI Summary

Equinix, Inc. (Nasdaq: EQIX) has announced a quarterly cash dividend of $2.66 per share on its common stock, payable on December 9, 2020, to shareholders of record on November 18, 2020. This decision reflects Equinix's commitment to delivering value to its shareholders through consistent income.

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• Quarterly cash dividend of $2.66 per share demonstrates commitment to shareholder income.

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• None.

REDWOOD CITY, Calif., Oct. 28, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, today announced that its board of directors has declared a quarterly cash dividend of $2.66 per share on its common stock. The quarterly common stock dividend will be paid on December 9, 2020, to shareholders of record on November 18, 2020.

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 has declared a quarterly cash dividend of $2.66 per share.

When will the dividend be paid to shareholders of EQIX?

The dividend will be paid on December 9, 2020.

What is the record date for the dividend payment by Equinix?

The record date for the dividend payment is November 18, 2020.

How often does Equinix pay dividends?

Equinix typically pays dividends on a quarterly basis.

Is the dividend from Equinix (EQIX) sustainable?

Details regarding the sustainability of the dividend are not provided in the press release.