DLR.PRK

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

In trading on Tuesday, 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 $24.36 on the day. This compares to an average yield of 7.65% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, DLR.PRK was trading at a 1.20% discount to its liquidation preference amount, versus the average discount of 8.91% 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 Tuesday trading, Digital Realty Trust Inc's 5.850% Series K Cumulative Redeemable Preferred Stock (Symbol: DLR.PRK) is currently off about 1.4% on the day, while the common shares (Symbol: DLR) are up about 0.6%.

Click here to find out the 50 highest yielding preferreds »

Also see:
• Consumer Stocks Hedge Funds Are Selling
• ULTA Next Earnings Date
• UHT Dividend History

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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