AUSTIN, Texas, Feb. 25, 2021 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of cloud- and
carrier-neutral data center, colocation and interconnection
solutions, announced today that its board of directors has
authorized quarterly cash dividends for common and preferred stock
for the first quarter of 2021.
"Our board of directors has approved a 4% increase in our
quarterly common stock cash dividend to $1.16 per share, reflecting confidence in the
underlying strength of our business as well as the strength of the
recurring cash flows that support a steadily growing and well
covered dividend, while retaining capital to fund future growth
opportunities," commented Andrew P.
Power, Chief Financial Officer. "This marks the
16th consecutive year we have grown our dividend, and we
are pleased to be among a select group of REITs to have raised the
dividend each and every year since our initial public offering in
2004."
Common Stock
Digital Realty's board of directors
authorized a cash dividend of $1.16
per share to common stockholders of record as of the close of
business on March 15, 2021. The
common stock cash dividend will be paid on March 31, 2021.
Series C Cumulative Redeemable Perpetual Preferred
Stock
The company's board of directors authorized a cash
dividend of $0.414063 per share to
holders of record of the company's 6.625% Series C Cumulative
Redeemable Perpetual Preferred Stock as of the close of business on
March 15, 2021. The Series C
Cumulative Redeemable Perpetual Preferred Stock cash dividend will
be paid on March 31, 2021.
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 March 15, 2021. The Series J Cumulative
Redeemable Preferred Stock cash dividend will be paid on
March 31, 2021.
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 March 15, 2021. The Series K Cumulative
Redeemable Preferred Stock cash dividend will be paid on
March 31, 2021.
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 March 15, 2021. The Series L Cumulative
Redeemable Preferred Stock cash dividend will be paid on
March 31, 2021.
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 timing of expected
payment of dividends on our common stock and preferred stock, and
statements related to our financial performance, strategy, growth
and dividend policy. 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:http://www.prnewswire.com/news-releases/digital-realty-raises-quarterly-cash-dividend-for-common-stock-by-4-to-1-16-per-share-301236225.html
SOURCE Digital Realty