Digital Realty Trust (DLR) Raises Quarterly Dividend 3.7% to $1.12; 3.5% Yield

Digital Realty Trust (NYSE: DLR) declared a quarterly dividend of $1.12 per share, or $4.48 annualized. This is a 3.7% increase from the prior dividend of $1.08.

The dividend will be payable on March 31, 2020, to stockholders of record on March 17, 2020, with an ex-dividend date of March 16, 2020.

The annual yield on the dividend is 3.5 percent.

"Our board of directors has approved a 4% increase in our quarterly common stock cash dividend to $1.12 per share, reflecting confidence in the underlying strength of our business," commented Andrew P. Power, Chief Financial Officer. "This marks the 15th 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."

For a dividend history and other dividend-related data on Digital Realty Trust (DLR) click here.

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