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

Digital Realty Trust, Inc. (NYSE:DLR) announced a quarterly dividend on Tuesday, August 11th. Shareholders 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) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 15th.

Digital Realty Trust has raised 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 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

Shares of Digital Realty Trust stock traded up $5.75 during trading on Wednesday, reaching $196.56. 441,317 shares of the company’s stock were exchanged, compared to its average volume of 2,422,308. The firm’s 50-day moving average price is $185.07 and its 200 day moving average price is $183.72. The company has a market cap of $72.73 billion, a P/E ratio of 95.42, 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 earnings results 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). The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.66 billion. Digital Realty Trust had a net margin of 11.80% and a return on equity of 3.34%. The business’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.87 EPS. Digital Realty Trust has set its FY 2026 guidance at 8.150-8.200 EPS. As a group, research analysts anticipate that Digital Realty Trust will post 8.35 earnings per share for the current 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.