Digital Realty Declares Quarterly Cash Dividends for Common and Preferred Stock

Rhea-AI Summary

Digital Realty (NYSE: DLR) has declared quarterly cash dividends for Q4 2024. The company will pay $1.22 per share to common stockholders of record as of December 13, 2024, with payment on January 17, 2025. Additionally, preferred stock dividends were declared: Series J (5.250%) at $0.328125 per share, Series K (5.850%) at $0.365625 per share, and Series L (5.200%) at $0.325000 per share. All preferred stock dividends will be paid on December 31, 2024, to holders of record as of December 13, 2024.

Positive

• Consistent dividend payment demonstrates financial stability
• Multiple dividend streams through common and preferred stock offerings
• Maintains position as largest global provider of data center solutions

Negative

• None.

AUSTIN, Texas, Nov. 4, 2024 /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 fourth quarter of 2024.    

Common Stock 
Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on December 13, 2024. The common stock cash dividend will be paid on January 17, 2025.    

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 13, 2024. The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 2024.    

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 13, 2024. The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 2024.    

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 13, 2024. The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on December 31, 2024.    

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.

Investor Relations 
Jordan Sadler / Jim Huseby 
Investor Relations 
Digital Realty
(415) 275-5344
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 to download multimedia:https://www.prnewswire.com/news-releases/digital-realty-declares-quarterly-cash-dividends-for-common-and-preferred-stock-302295815.html

SOURCE Digital Realty Trust

FAQ

What is Digital Realty's (DLR) common stock dividend amount for Q4 2024?

Digital Realty's common stock dividend for Q4 2024 is $1.22 per share.

When will Digital Realty (DLR) pay its Q4 2024 common stock dividend?

Digital Realty will pay its Q4 2024 common stock dividend on January 17, 2025.

What are the preferred stock dividend rates for Digital Realty (DLR) in Q4 2024?

Digital Realty's preferred stock dividend rates are: Series J (5.250%) at $0.328125, Series K (5.850%) at $0.365625, and Series L (5.200%) at $0.325000 per share.

What is the record date for Digital Realty's (DLR) Q4 2024 dividends?

The record date for both common and preferred stock dividends is December 13, 2024.