WASHINGTON, Dec. 01, 2016 (GLOBE NEWSWIRE) -- DuPont Fabros Technology Inc. (NYSE:DFT), a leading, owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers, today announced that the Company's Board of Directors has declared cash dividends on shares of both its common and preferred stock for the fourth quarter 2016. The announced dividend on DFT common shares represents a six percent increase from the previous quarter, and marks the eighth dividend increase implemented by DFT in the last seven years. The following dividends have been declared:
- The Company will pay a $0.50 per common share dividend on January 17, 2017, an increase of 6.4% from the previous quarter, to shareholders of record as of December 30, 2016.
- The company will pay a $0.4140625 per share dividend on the 6.625% Series C Cumulative Redeemable Perpetual Preferred Stock for the period from November 16, 2016 to February 15, 2017. The dividend will be payable on February 15, 2017 to shareholders of record as of February 1, 2017.
About DuPont Fabros Technology, Inc.
DuPont Fabros Technology, Inc. (NYSE:DFT) is a leading owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Company's facilities are designed to offer highly specialized, efficient, and safe computing environments in a low-cost operating model. The Company's customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare, and financial services. The Company's 11 data centers are located in three major U.S. markets, which total 3.3 million gross square feet and 287 megawatts of available critical load to power the servers and computing equipment of its customers. The Company is in the process of expanding into two new markets. DuPont Fabros Technology is a real estate investment trust (REIT) headquartered in Washington, D.C. For more information, please visit www.dft.com
For Additional Information:
Jeffrey H. Foster
Chief Financial Officer
+1 (202) 478-2333
Vice President, Investor Relations
+1 (202) 478-2330
Source: DuPont Fabros Technology, Inc.