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DALLAS - Digital Realty (NYSE: DLR), a leading global provider of data center, colocation, and interconnection solutions, with a market capitalization of $59.08 billion, has declared its second-quarter dividends for 2025. The company’s board of directors announced cash dividends for its common and preferred stockholders, to be distributed at the end of June. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with technical indicators suggesting overbought conditions.
The declared quarterly cash dividend for common stock is $1.22 per share, payable to stockholders of record as of June 13, 2025. The payment date for this dividend is set for June 30, 2025. This represents an annual dividend yield of 2.88%, reflecting Digital Realty’s remarkable 22-year streak of consecutive dividend payments. InvestingPro data shows the company maintains strong financial health with a current ratio of 1.66, indicating solid ability to meet short-term obligations.
In addition to the common stock dividend, Digital Realty’s board has also authorized dividends for several series of preferred stock. Holders of the 5.250% Series J Cumulative Redeemable Preferred Stock will receive a dividend of $0.328125 per share. The 5.850% Series K Cumulative Redeemable Preferred Stock has been allocated a dividend of $0.365625 per share. Finally, the 5.200% Series L Cumulative Redeemable Preferred Stock will have a dividend of $0.325000 per share. Similar to the common stock, these dividends are payable on June 30 to stockholders of record on June 13, 2025.
Digital Realty operates a global data center platform, PlatformDIGITAL®, which aims to enable customers to manage data gravity challenges and power digital transformations. The company’s extensive footprint spans over 300 facilities in more than 50 metropolitan areas across six continents.
The announcement is based on a press release statement and comes with the usual forward-looking statements disclaimer, noting that actual results may vary due to risks and uncertainties. These risks are detailed in the company’s filings with the U.S. Securities and Exchange Commission, and the company does not commit to updating any forward-looking statements.
In other recent news, Digital Realty Trust reported its first-quarter 2025 financial results, showing an increase in core funds from operations (FFO) and a rise in data center revenue. The company experienced a 6% year-over-year rise in core FFO per share to $1.77 and a 7% increase in data center revenue. Despite missing earnings per share (EPS) forecasts, Digital Realty raised its full-year core FFO guidance to a range of $7.05-$7.15 per share. JMP Securities analyst Greg Miller maintained a Market Outperform rating for Digital Realty, with a price target of $220.00, following the company’s earnings report. Miller noted a slight decrease in the core FFO per share estimate to $7.10, but an increase in the adjusted funds from operations (AFFO) per share estimate to $6.66 due to lower-than-expected capital expenditures. Digital Realty’s expansion into new markets, including Indonesia, aligns with the growing demand for data center capacity driven by AI and cloud computing advancements. The company also launched new data centers, contributing to its robust performance in the first quarter.
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