Digital Stock To Go Ex-dividend Tomorrow (DLR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Digital Realty (NYSE: DLR) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of 78 cents per share. At a price of $61.53 as of 9:30 a.m. ET, the dividend yield is 5.2%.

The average volume for Digital has been 1.6 million shares per day over the past 30 days. Digital has a market cap of $7.76 billion and is part of the financial sector and real estate industry. Shares are down 11% year to date as of the close of trading on Monday.

Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. The company has a P/E ratio of 41.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Digital as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Digital Ratings Report.

See our dividend calendar or top-yielding stocks list.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..

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