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.
As of last close, DLR.PRE was trading at a 3.00% discount to its liquidation preference amount. The chart below shows the one year performance of DLR.PRE shares, versus DLR:
Below is a dividend history chart for DLR.PRE, showing historical dividends prior to the most recent $0.4375 on Digital Realty Trust, Inc.'s 7.000% Series E Cumulative Redeemable Preferred Stock :
According to the ETF Finder at ETF Channel, Digital Realty Trust, Inc. (DLR) makes up 2.15% of the iShares Cohen & Steers REIT ETF (ICF) which is trading lower by about 0.7% on the day Monday.