Digital Realty Trust Increases Quarterly Dividend $DLR

• Digital Realty Trust (NYSE:DLR) declares $1.08/share quarterly dividend, 6.9% increase from prior dividend of $1.01.
• Forward yield 3.71%
• Payable March 29; for shareholders of record March 15; ex-div March 14.

Digital Realty's board of directors authorized a cash dividend of $1.08 per share to common stockholders of record as of the close of business on March 15, 2019.  The common stock cash dividend will be paid on March 29, 2019. 

"Our board of directors has approved a 7% increase in our quarterly common stock cash dividend to $1.08 per share, reflecting our expectation of continued growth in cash flow," commented Andrew P. Power, Chief Financial Officer.  "This marks the 14th consecutive year we have grown our dividend, and we are pleased to be among a select group of REITs to have raised the dividend each and every year since our initial public offering in 2004." 

For more information, visit www.digitalrealty.com

According to the list of U.S. Dividend Champions, Digital Realty Trust is a Dividend Contenders. DLR has a 14-year dividend raising streak.

Dividend Growth Rates
DGR	DGR	DGR	DGR
1-yr	3-yr	5-yr	10-yr
6.5	5.2	4.9	12.3

Dividend Yield Chart:

This is the historical trailing annual dividend yield of Digital Realty Trust Inc. Buying stocks at higher yield relative its historical values is usually more profitable.

Payout Ratio:

This is the historical payout ratio of Digital Realty Trust Inc. If payout ratio is close to or higher than 100%, dividends might not be sustainable.