SAN FRANCISCO, May 13, 2019 /PRNewswire/
-- Digital Realty (NYSE: DLR), a leading global
provider of 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
second quarter of 2019.
Common Stock
Digital Realty's board of directors authorized a cash dividend of
$1.08 per share to common
stockholders of record as of the close of business on June 14, 2019. The common stock cash
dividend will be paid on June 28,
2019.
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
June 14, 2019. The Series C
Cumulative Redeemable Perpetual Preferred Stock cash dividend will
be paid on June 28, 2019.
Series G Cumulative Redeemable Preferred Stock
The
company's board of directors authorized a cash dividend of
$0.367188 per share to holders of
record of the company's 5.875% Series G Cumulative Redeemable
Preferred Stock as of the close of business on June 14, 2019. The Series G Cumulative
Redeemable Preferred Stock cash dividend will be paid on
June 28, 2019.
Series I Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of
$0.396875 per share to holders of
record of the company's 6.350% Series I Cumulative Redeemable
Preferred Stock as of the close of business on June 14, 2019. The Series I Cumulative
Redeemable Preferred Stock cash dividend will be paid on
June 28, 2019.
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 June 14, 2019. The Series J Cumulative
Redeemable Preferred Stock cash dividend will be paid on
June 28, 2019.
Series K Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of
$0.438750 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 June 14, 2019. The Series K Cumulative
Redeemable Preferred Stock cash dividend will be paid on
June 28, 2019 and includes a
full-quarter dividend of $0.365625
for the second quarter of 2019 as well as a partial-period dividend
of $0.073125 for the stub period from
the original issuance date on March 13,
2019 through the end of the first quarter of
2019.
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J.
Stewart
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,000 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Latin America, Asia and Australia. Digital Realty's
clients include domestic and international companies of all sizes,
ranging from cloud and information technology services,
communications and social networking to financial services,
manufacturing, energy, healthcare and consumer products.
www.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. These
risks and uncertainties include, among others, the
following: reduced demand for data centers or decreases in
information technology spending; decreased rental rates, increased
operating costs or increased vacancy rates; increased competition
or available supply of data center space; the suitability of our
data centers and data center infrastructure, delays or disruptions
in connectivity or availability of power, or failures or breaches
of our physical and information security infrastructure or
services; our dependence upon significant customers, bankruptcy or
insolvency of a major customer or a significant number of smaller
customers, or defaults on or non-renewal of leases by customers;
breaches of our obligations or restrictions under our contracts
with our customers; our inability to successfully develop and lease
new properties and development space, and delays or unexpected
costs in development of properties; the impact of current global
and local economic, credit and market conditions; our inability to
retain data center space that we lease or sublease from third
parties; difficulty acquiring or operating properties in foreign
jurisdictions; our failure to realize the intended benefits from,
or disruptions to our plans and operations or unknown or contingent
liabilities related to, our recent acquisitions; our failure to
successfully integrate and operate acquired or developed properties
or businesses; difficulties in identifying properties to acquire
and completing acquisitions; risks related to joint venture
investments, including as a result of our lack of control of such
investments; risks associated with using debt to fund our business
activities, including re-financing and interest rate risks, our
failure to repay debt when due, adverse changes in our credit
ratings or our breach of covenants or other terms contained in our
loan facilities and agreements; our failure to obtain necessary
debt and equity financing, and our dependence on external sources
of capital; financial market fluctuations and changes in foreign
currency exchange rates; adverse economic or real estate
developments in our industry or the industry sectors that we sell
to, including risks relating to decreasing real estate valuations
and impairment charges and goodwill and other intangible asset
impairment charges; our inability to manage our growth effectively;
losses in excess of our insurance coverage; environmental
liabilities and risks related to natural disasters; our inability
to comply with rules and regulations applicable to our company; our
failure to maintain our status as a REIT for federal income tax
purposes; our operating partnership's failure to qualify as a
partnership for federal income tax purposes; restrictions on our
ability to engage in certain business activities; and changes in
local, state, federal and international laws and regulations,
including related to taxation, real estate and zoning laws, and
increases in real property tax rates. For a further 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, including the company's Annual Report on Form 10-K for
the year ended December 31, 2018 and
Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. 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