Wednesday, February 12, 2014

Dividend Increase; Digital Realty (DLR)




Digital Realty announced yesterday a dividend increase of 6.0% from $0.78 to $0.83 per share.  The cash dividend is payable on March 31st to shareholders of record as of March 14th. 
This is the 12th dividend increase since our IPO in 2004. On an annualized basis, this represents an increase of 6.4% over the 2013 annualized dividend of $3.12 per share, and a compound annual growth rate of 14.3% since our first full quarter of operations following our IPO," said A. William Stein, Chief Financial Officer and Chief Investment Officer of Digital Realty.

Since I own 120 shares, this will increase my yearly income by $24.00.

Click here to see my holdings.


2 comments:

  1. Hi DH,

    a increase of 6 percent is good!
    More than inflation - and this is the most important!

    Good luck with DLR!

    Best regards
    D-S

    ReplyDelete