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

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) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Monday, June 15th.

Digital Realty Trust has increased its dividend payment by an average of 0.0%annually over the last three years. Digital Realty Trust has a dividend 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

DLR stock traded down $1.11 during midday trading on Wednesday, reaching $194.16. The company had a trading volume of 762,386 shares, compared to its average volume of 2,040,877. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 0.78. The stock has a 50 day moving average price of $186.97 and a 200 day moving average price of $171.83. Digital Realty Trust has a fifty-two week low of $146.23 and a fifty-two week high of $208.14. The firm has a market capitalization of $68.23 billion, a PE ratio of 51.21, a P/E/G ratio of 5.33 and a beta of 1.06.

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

About Digital Realty Trust

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.