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Digital Realty Trust's Series I Preferred Stock Crosses Above 6% Yield Territory


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In trading on Thursday, shares of Digital Realty Trust Inc's 6.350% Series I Cumulative Redeemable Preferred Stock (Symbol: DLR.PRI) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5875), with shares changing hands as low as $26.41 on the day. This compares to an average yield of 6.87% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, DLR.PRI was trading at a 6.92% premium to its liquidation preference amount, versus the average premium of 1.91% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for DLR.PRI, showing historical dividend payments on Digital Realty Trust Inc's 6.350% Series I Cumulative Redeemable Preferred Stock:

DLR.PRI+Dividend+History+Chart

In Thursday trading, Digital Realty Trust Inc's 6.350% Series I Cumulative Redeemable Preferred Stock (Symbol: DLR.PRI) is currently off about 1% on the day, while the common shares (Symbol: DLR) are off about 0.5%.

Click here to find out the 50 highest yielding preferreds »

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.PRI , DLR



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