January 17, 2018

DLR Stock: Combining Technology and Real Estate to Produce 12% Dividend Growth Every Year?

This Company is Well-Positioned for Another Dividend Increase




The technology sector has produced some of the fastest-growing companies in today’s stock market. The real estate sector, on the other hand, is known for its ability to generate a steady stream of rental income. So what would happen if a company manages to combine technology with real estate?

Well, you get an income stock with huge dividend growth potential: Digital Realty Trust Inc (NYSE:DLR).



Digital Realty Trust is a real estate investment trust (REIT) headquartered in San Francisco, California. Unlike most REITs, the company doesn’t own apartment buildings, industrial warehouses, or shopping malls. Instead, it specializes in a very unique type of real estate asset: data centers.

Right now, Digital Realty Trust owns more than 180 data center properties in 11 countries on four different continents. It offers a wide range of data center services, such as colocation, wholesale deployments, interconnection, and cloud services.




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