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Strategies & Market Trends : Dividend investing for retirement
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From: Thehammer3/1/2017 7:47:16 PM
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Digital Realty Increases Quarterly Cash Dividend for Common Stock by 5.7% to $0.93 per Share SAN FRANCISCO, CA – March 1, 2017 – 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 first quarter of 2017. “Our board of directors has approved an increase in our quarterly common stock cash dividend of 5.7% to $0.93 per share, reflecting our expectation of continued growth in cash flow,” commented Andrew P. Power, Chief Financial Officer. “This marks the 12th 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 $0.93 per share to common stockholders of record as of the close of business on March 15, 2017. The common stock cash dividend will be paid on March 31, 2017.
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