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Digital Realty Trust's Series G Preferred Stock Yield Pushes Past 6%


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In trading on Thursday, shares of Digital Realty Trust Inc's 5.875% Series G Cumulative Redeemable Preferred Stock (Symbol: DLR.PRG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $24.07 on the day. This compares to an average yield of 6.96% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, DLR.PRG was trading at a 0.80% discount to its liquidation preference amount, versus the average premium of 1.92% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for DLR.PRG, showing historical dividend payments on Digital Realty Trust Inc's 5.875% Series G Cumulative Redeemable Preferred Stock:

DLR.PRG+Dividend+History+Chart

In Thursday trading, Digital Realty Trust Inc's 5.875% Series G Cumulative Redeemable Preferred Stock (Symbol: DLR.PRG) is currently down about 1.6% on the day, while the common shares (Symbol: DLR) are off about 1.7%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing
Referenced Symbols: DLR.PRG , DLR



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