Equinix As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
EQIX $13.64 10.0% 8.0% 7.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Data Center REIT 1.8% 8 8.4% Quarter 2014

On February 15, 2023, Equinix (EQIX) announced a 10% dividend hike to $3.41 quarterly per share. The next quarterly common stock dividend will be paid on March 22, 2023, to shareholders of record on March 7, 2023. This marks the 8th consecutive year of dividend growth for Equinix.

Equinix, Inc. is a data center REIT, connecting companies directly to their customers and partners across its interconnected data center and interconnection platform. The company's customers include enterprises, cloud and IT services providers, media and content companies, financial services firms, IoT and big data providers, and network and mobile services providers. The company has operations in the Americas, Asia-Pacific, and Europe, the Middle East and Africa. Equinix became a public company in 2000 and elected to be taxed as a REIT for federal income tax purposes effective January 1, 2015.