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QTS Realty Trust (QTS) will raise its quarterly dividend by 20.8 percent to $0.29 per share in 2014. This is the first dividend hike by the company since a quarterly dividend was initiated last year.

QTS Realty Trust, Inc. is a provider of data center solutions. Through its software-defined technology platform, QTS delivers infrastructure and connectivity solutions to technology companies, enterprises, and government entities. The company operates data centers located throughout the United States, Canada, Europe and Asia. QTS is a Maryland corporation formed on May 17, 2013 and is the sole general partner and majority owner of QualityTech, LP, the company's operating partnership. QTS Realty Trust has paid a dividend since it became a public company in 2013.