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 $26.12 on the day. This compares to an average yield of 6.63% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, DLR.PRI was trading at a 6.40% premium to its liquidation preference amount, versus the average premium of 36.93% in the "Real Estate" category.
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:
In Thursday trading, Digital Realty Trust Inc's 6.350% Series I Cumulative Redeemable Preferred Stock (Symbol: DLR.PRI) is currently trading flat on the day, while the common shares (Symbol: DLR) are up about 0.4%.
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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