Digital Realty Announces Tax Treatment of 2024 Dividends
Rhea-AI Summary
Digital Realty (NYSE: DLR) has released its tax treatment details for 2024 dividends across its common and preferred stock series. The company's 2024 taxable dividend of $4.495471 per share for common stock comprises 77% ordinary income ($3.450878) and 23% capital gain distribution ($1.044593).
The dividend structure includes portions of four quarterly distributions: one from 2023 (paid January 2024) and three declared and paid in 2024. Each quarterly distribution amounts to $1.22 per share. For preferred stock, Series J reported $1.312500 per share, Series K $1.462500 per share, and Series L $1.300000 per share, all following a similar 77% ordinary income and 23% capital gain distribution pattern.
Positive
- Consistent quarterly dividend payments of $1.22 per share throughout 2024
- Maintained dividend payments across all stock series (Common, Series J, K, and L)
- 23% of distributions qualify as capital gains, potentially offering tax advantages to investors
Negative
- None.
Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR
Digital Realty's 2024 taxable dividend of
The following table contains this information on a quarterly basis:
Record | Payment | Cash Distribution ($ per share) (1) | Taxable Dividend ($ per share) (1) | Box 1a ($ per share) | Box 1b ($ per share) | Box 2a Long-Term ($ per share) | Box 2b Un- ($ per share) | Box 2f | Box 5 Section 199A ($ per share) (3) | Section 1061 | Section 1061 |
12/15/2023 | 1/19/2024 | $- | |||||||||
3/15/2024 | 3/28/2024 | $- | |||||||||
6/14/2024 | 6/28/2024 | $- | |||||||||
9/13/2024 | 9/30/2024 | $- | |||||||||
$- |
(1) | Please note that of the |
(2) | Represents Section 897 gain attributable to disposition of |
(3) | Beginning in 2018, the Tax Cuts and Jobs Act of 2017 added Section 199A to allow for a new tax deduction based on certain qualified business income. Section 199A provides eligible individual taxpayers a deduction of up to |
(4) | For purposes of Section 1061 of the Internal Revenue Code, Digital Realty is disclosing two additional capital gain categories. Section 1061 is generally applicable to direct and indirect holders of "applicable partnership interests." Please consult your tax advisor with respect to the two additional categories disclosed herein. |
Series J Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868855
Ticker Symbol: DLRPRJ
The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series J Cumulative Redeemable Preferred Stock is
The following table contains this information on a quarterly basis:
Record | Payment | Cash ($ per share) | Taxable ($ per share) | Box 1a Ordinary ($ per share) | Box 1b Qualified ($ per share) | Box 2a Long-Term ($ per share) | Box 2b Unrecaptured ($ per share) | Box 2f | Box 5 Section 199A ($ per share) | Section 1061 | Section 1061 |
3/15/2024 | 3/28/2024 | $- | |||||||||
6/14/2024 | 6/28/2024 | $- | |||||||||
9/13/2024 | 9/30/2024 | $- | |||||||||
12/13/2024 | 12/31/2024 | $- | |||||||||
$- |
Series K Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868830
Ticker Symbol: DLRPRK
The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series K Cumulative Redeemable Preferred Stock is
The following table contains this information on a quarterly basis:
Record | Payment | Cash ($ per share) | Taxable ($ per share) | Box 1a Ordinary ($ per share) | Box 1b Qualified ($ per share) | Box 2a Long-Term ($ per share) | Box 2b Unrecaptured ($ per share) | Box 2f Section | Box 5 Section 199A ($ per share) | Section 1061 | Section 1061 |
3/15/2024 | 3/28/2024 | $- | |||||||||
6/14/2024 | 6/28/2024 | $- | |||||||||
9/13/2024 | 9/30/2024 | $- | |||||||||
12/13/2024 | 12/31/2024 | $- | |||||||||
$- |
Series L Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868822
Ticker Symbol: DLRPRL
The 2024 taxable dividend for Digital Realty Trust, Inc.'s Series L Cumulative Redeemable Preferred Stock is
The following table contains this information on a quarterly basis:
Record | Payment | Cash ($ per share) | Taxable ($ per share) | Box 1a Ordinary ($ per share) | Box 1b Qualified ($ per share) | Box 2a Long-Term ($ per share) | Box 2b Unrecaptured ($ per share) | Box 2f | Box 5 Section 199A ($ per share) | Section 1061 | Section 1061 |
3/15/2024 | 3/28/2024 | $- | |||||||||
6/14/2024 | 6/28/2024 | $- | |||||||||
9/13/2024 | 9/30/2024 | $- | |||||||||
12/13/2024 | 12/31/2024 | $- | |||||||||
$- |
Note that ticker symbols may vary by stock quote provider.
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 data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.
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 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
For Additional Information
Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
(415) 275 5344
InvestorRelations@digitalrealty.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-realty-announces-tax-treatment-of-2024-dividends-302356537.html
SOURCE Digital Realty Trust
FAQ
What is Digital Realty's (DLR) dividend amount per share for 2024?
How is DLR's 2024 dividend taxed?
What are the dividend payment dates for Digital Realty (DLR) in 2024?
What is the dividend amount for Digital Realty's Series K preferred stock (DLRPRK) in 2024?
How much of DLR's 2024 dividend qualifies for Section 199A deduction?
