CoreSite Realty (COR) Raises Quarterly Dividend 50.9% to $0.80; 4.5% Yield
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CoreSite Realty Corporation Increases Fourth-Quarter 2016 Common Stock Dividend 51% to $0.80 per Share
December 1, 2016 7:00 AM ESTDeclares dividend on Series A Preferred Stock
DENVER--(BUSINESS WIRE)-- CoreSite Realty Corporation (NYSE: COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced that its Board of Directors declared a cash dividend of $0.80 per share on common stock and common stock equivalents for the fourth quarter of 2016. The $0.80 per share quarterly dividend represents a $0.27, or 50.9%, increase over the prior quarterly dividend of $0.53 per share.
The increased dividend reflects an annualized dividend rate of $3.20 per share, compared to the prior... More
