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Digital Realty Trust Series H Cumulative Redeemable Preferred Stock Goes Ex-Dividend Soon

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Shutterstock photo

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On 3/13/17, Digital Realty Trust Inc's 7.375% Series H Cumulative Redeemable Preferred Stock (Symbol: DLR.PRH) will trade ex-dividend, for its quarterly dividend of $0.4609, payable on 3/31/17. As a percentage of DLR.PRH's recent share price of $26.90, this dividend works out to approximately 1.71%, so look for shares of DLR.PRH to trade 1.71% lower - all else being equal - when DLR.PRH shares open for trading on 3/13/17. On an annualized basis, the current yield is approximately 6.83%, which compares to an average yield of 6.94% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of DLR.PRH shares, versus DLR:

Performance Comparison Chart

Below is a dividend history chart for DLR.PRH, showing historical dividends prior to the most recent $0.4609 on Digital Realty Trust Inc's 7.375% Series H Cumulative Redeemable Preferred Stock :

DLR.PRH+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Digital Realty Trust Inc (Symbol: DLR) makes up 3.61% of the iShares Cohen & Steers REIT ETF ( ICF ) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Digital Realty Trust Inc's 7.375% Series H Cumulative Redeemable Preferred Stock (Symbol: DLR.PRH) is currently down about 0.4% on the day, while the common shares (Symbol: DLR) are up about 0.4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

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


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

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