Digital Realty Trust, Inc. (NYSE:DLR) to Issue Quarterly Dividend of $1.22

Digital Realty Trust, Inc. (NYSE:DLR) declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be paid a dividend of 1.22 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 2.5%. The ex-dividend date is Monday, June 15th.

Digital Realty Trust has raised its dividend by an average of 0.0%per year over the last three years. Digital Realty Trust has a payout ratio of 305.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Digital Realty Trust to earn $8.69 per share next year, which means the company should continue to be able to cover its $4.88 annual dividend with an expected future payout ratio of 56.2%.

Digital Realty Trust Stock Performance

Shares of NYSE:DLR traded down $1.23 during midday trading on Wednesday, hitting $194.05. The stock had a trading volume of 704,320 shares, compared to its average volume of 2,040,398. The company has a market capitalization of $68.19 billion, a PE ratio of 51.20, a P/E/G ratio of 5.33 and a beta of 1.06. The stock has a 50 day moving average price of $186.97 and a two-hundred day moving average price of $171.83. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.78. Digital Realty Trust has a 1 year low of $146.23 and a 1 year high of $208.14.

Digital Realty Trust (NYSE:DLR) last issued its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a net margin of 21.73% and a return on equity of 6.05%. The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. As a group, equities analysts predict that Digital Realty Trust will post 8.06 earnings per share for the current fiscal year.

Digital Realty Trust Company Profile

Digital Realty Trust, Inc (NYSE: DLR) is a real estate investment trust that owns, acquires and operates carrier-neutral data centers and provides related colocation and interconnection solutions. The company focuses on large-scale, mission-critical facilities that support the physical infrastructure needs of cloud providers, enterprises, network operators and content companies. Digital Realty’s offerings are designed to enable secure, reliable and highly available IT infrastructure with an emphasis on power density, cooling, and physical security.

Digital Realty’s product set spans wholesale data center space, turnkey build-to-suit facilities, and retail colocation suites, complemented by interconnection services that allow customers to establish private and public connections to networks, cloud on-ramps and other ecosystem partners.