On 3/12/14, Digital Realty Trust, Inc.'s 7.000% Series E Cumulative Redeemable Preferred Stock (DLR.PRE) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 3/31/14. As a percentage of DLR.PRE's recent share price of $24.14, this dividend works out to approximately 1.81%, so look for shares of DLR.PRE to trade 1.81% lower — all else being equal — when DLR.PRE shares open for trading on 3/12/14. On an annualized basis, the current yield is approximately 7.22%, which compares to an average yield of 7.41% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Cash Dividend On The Way From Digital Realty Trust Series E Cumulative Redeemable Preferred Stock
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