DLR.PRK

Digital Realty Trust's Series K Preferred Stock Shares Cross 6% Yield Mark

In trading on Thursday, shares of Digital Realty Trust Inc's 5.850% Series K Cumulative Redeemable Preferred Stock (Symbol: DLR.PRK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4625), with shares changing hands as low as $24.31 on the day. This compares to an average yield of 7.75% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, DLR.PRK was trading at a 0.44% discount to its liquidation preference amount, versus the average discount of 12.93% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for DLR.PRK, showing historical dividend payments on Digital Realty Trust Inc's 5.850% Series K Cumulative Redeemable Preferred Stock:

DLR.PRK+Dividend+History+Chart

In Thursday trading, Digital Realty Trust Inc's 5.850% Series K Cumulative Redeemable Preferred Stock (Symbol: DLR.PRK) is currently off about 0.5% on the day, while the common shares (Symbol: DLR) are down about 1.7%.

Click here to find out the 50 highest yielding preferreds »

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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.

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