Digital Realty Trust, Inc. (DLR) to Distribute Quarterly Dividend of $1.22 on September 30th

Digital Realty Trust, Inc. (NYSE:DLR) declared a quarterly dividend on Tuesday, August 11th. Investors of record on Tuesday, September 15th will be given a dividend of 1.22 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 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 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 $9.06 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 53.9%.

Digital Realty Trust Price Performance

NYSE:DLR opened at $188.50 on Friday. Digital Realty Trust has a 52 week low of $146.23 and a 52 week high of $208.14. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s 50-day simple moving average is $187.33 and its 200 day simple moving average is $186.94. The firm has a market cap of $69.93 billion, a price-to-earnings ratio of 91.51, a P/E/G ratio of 3.61 and a beta of 1.02.

Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.77). Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. During the same period in the prior year, the firm earned $1.87 EPS. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, sell-side analysts predict that Digital Realty Trust will post 8.4 earnings per share for the current year.

About Digital Realty Trust

Digital Realty Trust, Inc is a real estate investment trust that owns, operates and develops data centers around the world. The company provides the physical infrastructure businesses need to house information technology equipment, cloud-computing resources and critical digital systems.

Its services include data center colocation, hyperscale facilities, interconnection and related infrastructure solutions. Through its PlatformDIGITAL offering, Digital Realty helps customers connect to cloud providers, network operators, internet service providers, enterprises and other digital ecosystems.