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

Digital Realty Trust, Inc. (NYSE:DLR) declared a quarterly dividend on Tuesday, August 11th. Investors of record on Tuesday, September 15th will be paid 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 2.5%. The ex-dividend date is Tuesday, September 15th.

Digital Realty Trust has increased its dividend payment by an average of 0.0%per year over the last three years. Digital Realty Trust has a dividend payout ratio of 305.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Digital Realty Trust to earn $9.01 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 54.2%.

Digital Realty Trust Price Performance

DLR stock traded up $6.15 on Wednesday, reaching $196.96. The company had a trading volume of 520,648 shares, compared to its average volume of 2,422,683. The company’s fifty day moving average is $185.07 and its 200 day moving average is $183.72. The company has a market cap of $72.88 billion, a P/E ratio of 95.61, a PEG ratio of 5.45 and a beta of 1.03. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.06 and a current ratio of 1.06. 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 released its quarterly earnings results on Thursday, July 23rd. The real estate investment trust reported $1.21 earnings per share for the quarter, missing the consensus estimate of $1.98 by ($0.77). Digital Realty Trust had a return on equity of 3.34% and a net margin of 11.80%.The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period in the previous year, the business posted $1.87 EPS. The business’s quarterly revenue 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. On average, research analysts forecast that Digital Realty Trust will post 8.35 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.