Dividend Increase – Digital Realty Trust Inc. (DLR)

Yesterday the Board of Directors of Digital Realty Trust Inc. announced a quarterly dividend increase of from $ 1.01 to $ 1.08 per share that’s payable March 29, 2019 to holders of record March 15, 2019. This represents a 6.93% increase to regular quarterly dividends. With current price $ 116.73 (today's open), this raise brings their dividend yield to 3.70%.

"Our board of directors has approved a 7% increase in our quarterly common stock cash dividend to $1.08 per share, reflecting our expectation of continued growth in cash flow," commented Andrew P. Power, Chief Financial Officer.  "This marks the 14th consecutive year we have grown our dividend, and we are pleased to be among a select group of REITs to have raised the dividend each and every year since our initial public offering in 2004."

Since I own 120 shares of DLR, this will increase my portfolio's projected annual net dividend income by $ 25.03.

This increase raises my YOC to 9.05%.

Summary of 2019 Dividend Increases / Cuts

No.	Ticker	Increase %	Net Increase	Net Increase	No.	Ticker	Increase %	Net Increase	Net Increase
			€	$				€	$
1	TSX:CU	7.48%	8.14	9.93	2	O	2.04%	3.00	3.42
3	OKE	0.58%	0.65	0.75	4	WEC	6.79%	1.47	1.68
5	KMB	3.00%	1.02	1.16	6	INTC	5.00%	15.81	17.88
7	TELIA1	2.61%	13.00	14.82	8	NCC	-50.00%	-86.22	-98.61
9	CVX	6.25%	10.90	12.52	10	UPM	13.04%	122.93	140.95
11	GILD	10.53%	5.47	6.26	12	ADM	4.48%	3.33	3.80
13	MMM	5.88%	1.25	1.43	14	BIP	6.91%	0,77	0,87
15	NESTE	34.12%	172.84	196.45	16	ORNBV	3.45%	11.17	12.70
17	KESKOB	6.36%	10.43	11.85	18	SAMPO	9.62%	28.86	32.77
19	TSX:BCE	4.97%	7.79	8.84	20	TEL2	10.00%	6.42	7.24
21	TROW	8.57%	8.72	9.83	22	SKT	1.43%	1.98	2.24
23	CSCO	6.06%	9.76	11.03	24	PEP	2.96%	7.25	8.19
25	KO	2,56%	3.94	4.47	26	KHC	-36.00%	-59.14	-67.05
27	DLR	6.93%	22.08	25.03
	TOTAL							€333.60	$380.46

Increases have been reported by deducting a 25.5% capital income tax.

As you can see from the table above, this week has not only brought good news. The Board of Directors of The Kraft Heinz Company (KHC) yesterday declared a regular quarterly dividend of $0.40 per share of common stock payable on March 22, 2019, to stockholders of record as of March 8, 2019. This represents a reduction of $0.225 or 36% from the Company’s previous quarterly dividend of $0.625.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long DLR, so far KHC

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