Reminder: Digital Realty Trust Series H Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

On 6/11/15, Digital Realty Trust, Inc.'s 7.375% Series H Cumulative Redeemable Preferred Stock (DLR.PRH) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 6/30/15. As a percentage of DLR.PRH's recent share price of $27.56, this dividend works out to approximately 1.67%, so look for shares of DLR.PRH to trade 1.67% lower — all else being equal — when DLR.PRH shares open for trading on 6/11/15. On an annualized basis, the current yield is approximately 6.69%, which compares to an average yield of 7.04% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

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As of last close, DLR.PRH was trading at a 10.32% premium to its liquidation preference amount, versus the average premium of 2.75% in the "Real Estate" category. The chart below shows the one year performance of DLR.PRH shares, versus DLR:

Performance Comparison Chart

Below is a dividend history chart for DLR.PRH, showing historical dividends prior to the most recent $0.4609 on Digital Realty Trust, Inc.'s 7.375% Series H Cumulative Redeemable Preferred Stock :

DLR.PRH+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Digital Realty Trust, Inc. ( DLR) makes up 2.20% of the iShares Cohen & Steers REIT ETF (ICF) which is trading relatively unchanged on the day Tuesday.

In Tuesday trading, Digital Realty Trust, Inc.'s 7.375% Series H Cumulative Redeemable Preferred Stock ( DLR.PRH) is currently off about 0.1% on the day, while the common shares ( DLR) are trading flat.

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