WHY WE ARE TALKING ABOUT THIS STOCK
Top Tenants
● Digital Realty (NYSE: DLR) is the largest global provider of cloud and carrier-neutral data center, colocation and interconnection solutions with 316 data centers as of June 30th, 2023. ● Consistent history of historically increasing quarterly dividends since 2004. ● Digital Realty authorized a quarterly cash dividend of $1.22 per share to common stockholders with a record date of the close of business on September 15th, and is payable on September 29th, 2023. ● DLR reported $1.4 billion in revenue for Q2FY23, which represents a 2% increase quarter-over-quarter and a 20% increase year-over-year. ● As of June 30, 2023, Digital Realty had approximately $17.7 billion in total debt, with $17.2 billion in unsecured debt and around $0.5 billion in secured debt and other obligations. ● Digital Realty revised its 2023 Core FFO per share and constant-currency Core FFO per share forecast to a range of $6.55 to $6.65.
● Fortune 50
Software Company ● IBM ● Social Content Platform ● Oracle Corporation ● Global Cloud Provider ● Fortune 25 Investment Grade-Rated Company ● Equinix ● LinkedIn Corporation ● Meta Platforms, Inc. ● Fortune 25 Tech Company ● Fortune 500 SaaS Provider ● Cyxtera
Digital Realty returns capital to shareholders in the form of a quarterly cash dividend. However, the Company also has an ongoing $1.5 billion at-the-money primary offering.
Industry
Sector
REIT - Specialty
Real Estate
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