Digital Realty Trust, Inc. (DLR) To Go Ex-Dividend on June 15th

Digital Realty Trust, Inc. (NYSE:DLR) announced a quarterly dividend on Tuesday, May 12th. Stockholders of record on Monday, June 15th will be given 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 dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, June 15th.

Digital Realty Trust has increased its dividend 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 $8.71 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 56.0%.

Digital Realty Trust Stock Up 0.8%

NYSE:DLR opened at $184.22 on Friday. Digital Realty Trust has a twelve month low of $146.23 and a twelve month high of $208.14. The company has a market cap of $64.74 billion, a price-to-earnings ratio of 48.61, a price-to-earnings-growth ratio of 4.97 and a beta of 1.02. The stock has a fifty day simple moving average of $191.54 and a 200-day simple moving average of $175.24. 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 (NYSE:DLR) last released its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.63 billion. Digital Realty Trust had a return on equity of 6.05% and a net margin of 21.73%.The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period last year, the company earned $1.77 earnings per share. Digital Realty Trust has set its FY 2026 guidance at 7.950-8.050 EPS. Analysts anticipate that Digital Realty Trust will post 8.05 EPS 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.