AUSTIN, Texas, Feb. 1, 2021 /PRNewswire/ -- Digital Realty
(NYSE: DLR), a leading global provider of data center,
colocation and interconnection solutions, announced today the tax
treatment of its 2020 dividends for common stock and preferred
stock. The information below has been prepared using the best
available information to date. Digital Realty's federal
income tax return for the year ended December 31, 2020 has not yet been filed.
Please note that federal tax laws affect taxpayers differently, and
we cannot advise you on how distributions should be reported on
your federal income tax return. Please also note that state
and local taxation of REIT distributions vary and may not be the
same as the federal rules. Shareholders are urged to consult
with their tax advisors as to their specific tax treatment of
Digital Realty's dividends.
Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR
Digital Realty's 2020 taxable dividend of $3.705774 per share includes a portion (21%) of
one quarterly distribution declared in 2019 and paid in
January 2020, three quarterly
distributions declared and paid in 2020, and a portion (10%) of one
quarterly distribution declared in 2020 and paid in January 2021. Digital Realty's 2020 taxable
dividend will be reported on Form 1099-DIV as follows:
$2.667711 per share (72%) as ordinary
income and $1.038063 per share (28%)
as capital gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment Dates
(1)
|
Cash
Distribution
($
per
share) (1)
|
Taxable
Dividend
($ per share)
(1)
|
Box 1a Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Un-Recaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per share)
(2)
|
Section
1061
One-Year Capital Gain ($ per share)
(3)
|
Section
1061
Three-Year Capital Gain ($ per share)
(3)
|
12/15/2019
|
01/15/2020
|
$1.080000
|
$0.232062
|
$0.167057
|
$0.065005
|
$0.017064
|
$0.167057
|
$0.011886
|
$0
|
03/17/2020
|
03/31/2020
|
$1.120000
|
$1.120000
|
$0.806265
|
$0.313735
|
$0.082354
|
$0.806265
|
$0.057366
|
$0
|
06/15/2020
|
06/30/2020
|
$1.120000
|
$1.120000
|
$0.806265
|
$0.313735
|
$0.082354
|
$0.806265
|
$0.057366
|
$0
|
09/15/2020
|
09/30/2020
|
$1.120000
|
$1.120000
|
$0.806265
|
$0.313735
|
$0.082354
|
$0.806265
|
$0.057366
|
$0
|
12/15/2020
|
01/15/2021
|
$1.120000
|
$0.113712
|
$0.081859
|
$0.031853
|
$0.008361
|
$0.081859
|
$0.005824
|
$0
|
|
|
$5.560000
|
$3.705774
|
$2.667711
|
$1.038063
|
$0.272485
|
$2.667711
|
$0.189808
|
$0
|
|
|
(1)
|
Please note that of
the $1.12 quarterly distribution paid in January 2021, $0.113712 is
included in the 2020 taxable dividend and $1.006288 will be
considered as 2021 reportable dividend for federal income tax
purposes.
|
(2)
|
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 20% of their qualified real estate investment
trust dividends (Box 5 of the Form 1099-DIV).
|
(3)
|
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 C Cumulative Redeemable Perpetual Preferred Stock
Dividends
CUSIP # 253868848
Ticker Symbol: DLRPRC
The 2020 taxable dividend for Digital Realty Trust, Inc.'s
Series C Cumulative Redeemable Perpetual Preferred Stock is
$1.656252 per share. For tax
reporting purposes, $1.192300 per
share (72%) will be reported on Form 1009-DIV as ordinary income
and $0.463952per share (28%) as
capital gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.414063
|
$0.414063
|
$0.298075
|
$0.115988
|
$0.030446
|
$0.298075
|
$0.021208
|
$0
|
06/15/2020
|
06/30/2020
|
$0.414063
|
$0.414063
|
$0.298075
|
$0.115988
|
$0.030446
|
$0.298075
|
$0.021208
|
$0
|
09/15/2020
|
09/30/2020
|
$0.414063
|
$0.414063
|
$0.298075
|
$0.115988
|
$0.030446
|
$0.298075
|
$0.021208
|
$0
|
12/15/2020
|
12/31/2020
|
$0.414063
|
$0.414063
|
$0.298075
|
$0.115988
|
$0.030446
|
$0.298075
|
$0.021208
|
$0
|
|
|
$1.656252
|
$1.656252
|
$1.192300
|
$0.463952
|
$0.121784
|
$1.192300
|
$0.084832
|
$0
|
Series G Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868889
Ticker Symbol: DLRPRG
The 2020 taxable dividend for Digital Realty Trust, Inc.'s
Series G Cumulative Redeemable Preferred Stock is $1.158682 per share. For tax reporting
purposes, $0.834111 per share (72%)
will be reported on Form 1099-DIV as ordinary income and
$0.324571 per share (28%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.367188
|
$0.367188
|
$0.264331
|
$0.102857
|
$0.026999
|
$0.264331
|
$0.018807
|
$0
|
06/15/2020
|
06/30/2020
|
$0.367188
|
$0.367188
|
$0.264331
|
$0.102857
|
$0.026999
|
$0.264331
|
$0.018807
|
$0
|
09/15/2020
|
09/30/2020
|
$0.367188
|
$0.367188
|
$0.264331
|
$0.102857
|
$0.026999
|
$0.264331
|
$0.018807
|
$0
|
10/15/2020
|
10/15/2020
|
$0.057118
|
$0.057118
|
$0.041118
|
$0.016000
|
$0.004200
|
$0.041118
|
$0.002926
|
$0
|
|
|
$1.158682
|
$1.158682
|
$0.834111
|
$0.324571
|
$0.085197
|
$0.834111
|
$0.059347
|
$0
|
Digital Realty's Series G Cumulative Redeemable Preferred Stock
was redeemed in full on October 15,
2020.
Series I Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868863
Ticker Symbol: DLRPRI
The 2020 taxable dividend for Digital Realty Trust, Inc.'s
Series I Cumulative Redeemable Preferred Stock is $1.089200 per share. For tax reporting
purposes, $0.784092 per share (72%)
will be reported on Form 1099-DIV as ordinary income and
$0.305108 per share (28%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.396875
|
$0.396875
|
$0.285702
|
$0.111173
|
$0.029182
|
$0.285702
|
$0.020328
|
$0
|
06/15/2020
|
06/30/2020
|
$0.396875
|
$0.396875
|
$0.285702
|
$0.111173
|
$0.029182
|
$0.285702
|
$0.020328
|
$0
|
09/08/2020
|
09/08/2020
|
$0.295450
|
$0.295450
|
$0.212688
|
$0.082762
|
$0.021724
|
$0.212688
|
$0.015133
|
$0
|
|
|
$1.089200
|
$1.089200
|
$0.784092
|
$0.305108
|
$0.080088
|
$0.784092
|
$0.055789
|
$0
|
Digital Realty's Series I Cumulative Redeemable Preferred Stock
was redeemed in full on September 8,
2020.
Series J Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol: DLRPRJ
The 2020 reportable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $0.944840 per share (72%)
will be reported on Form 1099-DIV as ordinary income and
$0.367660 per share (28%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.328125
|
$0.328125
|
$0.236210
|
$0.091915
|
$0.024127
|
$0.236210
|
$0.016807
|
$0
|
06/15/2020
|
06/30/2020
|
$0.328125
|
$0.328125
|
$0.236210
|
$0.091915
|
$0.024127
|
$0.236210
|
$0.016807
|
$0
|
09/15/2020
|
09/30/2020
|
$0.328125
|
$0.328125
|
$0.236210
|
$0.091915
|
$0.024127
|
$0.236210
|
$0.016807
|
$0
|
12/15/2020
|
12/31/2020
|
$0.328125
|
$0.328125
|
$0.236210
|
$0.091915
|
$0.024127
|
$0.236210
|
$0.016807
|
$0
|
|
|
$1.312500
|
$1.312500
|
$0.944840
|
$0.367660
|
$0.096508
|
$0.944840
|
$0.067228
|
$0
|
Series K Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868830
Ticker Symbol: DLRPRK
The 2020 taxable dividend for Digital Realty Trust, Inc.'s
Series K Cumulative Redeemable Preferred Stock is $1.462500 per share. For tax reporting
purposes, $1.052824 per share (72%)
will be reported on Form 1099-DIV as ordinary income and
$0.409676per share (28%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.365625
|
$0.365625
|
$0.263206
|
$0.102419
|
$0.026884
|
$0.263206
|
$0.018727
|
$0
|
06/15/2020
|
06/30/2020
|
$0.365625
|
$0.365625
|
$0.263206
|
$0.102419
|
$0.026884
|
$0.263206
|
$0.018727
|
$0
|
09/15/2020
|
09/30/2020
|
$0.365625
|
$0.365625
|
$0.263206
|
$0.102419
|
$0.026884
|
$0.263206
|
$0.018727
|
$0
|
12/15/2020
|
12/31/2020
|
$0.365625
|
$0.365625
|
$0.263206
|
$0.102419
|
$0.026884
|
$0.263206
|
$0.018727
|
$0
|
|
|
$1.462500
|
$1.462500
|
$1.052824
|
$0.409676
|
$0.107536
|
$1.052824
|
$0.074908
|
$0
|
Series L Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868822
Ticker Symbol: DLRPRL
The 2020 taxable dividend for Digital Realty Trust, Inc.'s
Series L Cumulative Redeemable Preferred Stock is $1.300000 per share. For tax reporting
purposes, $0.935844 per share (72%)
will be reported on Form 1099-DIV as ordinary income and
$0.364156 per share (28%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/17/2020
|
03/31/2020
|
$0.325000
|
$0.325000
|
$0.233961
|
$0.091039
|
$0.023897
|
$0.233961
|
$0.016646
|
$0
|
06/15/2020
|
06/30/2020
|
$0.325000
|
$0.325000
|
$0.233961
|
$0.091039
|
$0.023897
|
$0.233961
|
$0.016646
|
$0
|
09/15/2020
|
09/30/2020
|
$0.325000
|
$0.325000
|
$0.233961
|
$0.091039
|
$0.023897
|
$0.233961
|
$0.016646
|
$0
|
12/15/2020
|
12/31/2020
|
$0.325000
|
$0.325000
|
$0.233961
|
$0.091039
|
$0.023897
|
$0.233961
|
$0.016646
|
$0
|
|
|
$1.300000
|
$1.300000
|
$0.935844
|
$0.364156
|
$0.095588
|
$0.935844
|
$0.066584
|
$0
|
Note that ticker symbols may vary by stock quote
provider.
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J. Stewart / Jim Huseby
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
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 more than 280
facilities in 49 metros across 24 countries on six continents.
To learn more about Digital Realty, please visit
digitalrealty.com or follow us on LinkedIn and
Twitter.
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 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.
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SOURCE Digital Realty