Digital Realty Trust hikes dividend by 5.2%
Digital Realty Trust, Inc. (DLR) will raise its quarterly dividend by 5.2 percent to $1.22 per share in 2022. This marks the 18th consecutive year of dividend increases by DLR and follows a 3.6 percent hike to $1.16 per share in 2021. The next DLR dividend will be paid on March 31, 2022 to shareholders of record on March 15, 2022. A new annualized rate of $4.88 per share yields 3.5% at a stock price of $139.24. The ex-dividend date for the $1.22 quarterly dividend by DLR is March 14, 2022. "Our board of directors has approved a 5% increase in our quarterly common stock cash dividend to $1.22 per share, reflecting confidence in the underlying strength of our business as well as the strength of the recurring cash flows that support a steadily growing and well covered dividend, while retaining capital to fund future growth opportunities," commented Andrew P. Power , President and Chief Financial Officer. "This marks the 17 th consecutive year we have grown our dividend, ...