Digital Realty Trust As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
DLR $4.88 0.0% 5.2% 3.6%
Business yield Hike yrs 5 yr CAGR freq. paid since
Data Center REIT 4.1% 18 5.6% Quarter 2004

Digital Realty Trust (DLR) will raise its quarterly dividend to $0.93 per share. The common stock cash dividend will be paid on March 31, 2017 to stockholders of record as of the close of business on March 15, 2017. 

"Our board of directors has approved an increase in our quarterly common stock cash dividend of 5.7% to $0.93 per share, reflecting our expectation of continued growth in cash flow," commented Andrew P. Power, Chief Financial Officer. "This marks the 12th consecutive year we have grown our dividend, and we are pleased to be among a select group of REITs to have raised the dividend each and every year since our initial public offering in 2004."

Digital Realty Trust, Inc. is a data center real estate investment trust (REIT). The company owns and operates data centers located throughout North America, Europe, Latin America, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products. Digital Realty became a public company in 2004 and has paid a dividend every year since.