Welcome!

News Feed Item

Digital Realty Trust, Inc. Announces Tax Treatment of 2013 Dividends

SAN FRANCISCO, Jan. 27, 2014 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR) announced today the tax treatment of its 2013 common and preferred stock dividends. Shareholders are urged to consult with their tax advisors as to their specific tax treatment of Digital Realty's distributions.

Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR

The 2013 reportable dividend of $3.673285 per share includes one quarterly distribution declared in 2012 and paid in January 2013, three quarterly distributions declared and paid in 2013, and a portion (77%) of one quarterly distribution declared in 2013 and paid in January 2014. The 2013 reportable dividend will be classified on Form 1099-DIV as follows:  $2.754992 per share (75%) as ordinary income and $0.918293 per share (25%) as capital gain distribution.

The following table contains this information on a quarterly basis.

 

Declaration Dates

 

Record Dates

 

Payment Dates

Cash Dividend

($ per share)

2013

Reportable Dividend

($ per share)

2013 Taxable Ordinary  Dividend

($ per share)

2013

Total Capital Gain Distribution ($ per share)

2013

Unrecap Sec. 1250 Gain

($ per share)

10/30/2012

12/14/2012

01/15/2013

$0.730000

$0.730000

$0.547506

$0.182494

$0.021928

02/12/2013

03/15/2013

03/29/2013

$0.780000

$0.780000

$0.585006

$0.194994

$0.023430

05/01/2013

06/14/2013

06/28/2013

$0.780000

$0.780000

$0.585006

$0.194994

$0.023430

07/23/2013

09/13/2013

09/30/2013

$0.780000

$0.780000

$0.585006

$0.194994

$0.023430

10/22/2013

12/13/2013

1/15/2014

$0.780000

$0.603285

$0.452468

$0.150817

$0.018122

2013 Totals




$3.673285

$2.754992

$0.918293

$0.110340

Please note that of the $0.780000 quarterly distribution paid in January 2014, $0.603285 is included in the 2013 taxable common dividend and $0.176715 will be included in the 2014 taxable common dividend.

Series E Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868707
Ticker Symbol: DLRPRE

The 2013 reportable dividend for Digital Realty's Series E Cumulative Redeemable Preferred Stock was $1.750000 per share. For tax reporting purposes the 2013 reportable dividend will be classified as follows:  $1.312512 per share (75%) as ordinary taxable income and $0.437488 per share (25%) as capital gain distribution. 

The following table contains this information on a quarterly basis.

 

Declaration Dates

 

Record Dates

 

Payment Dates

Cash Dividend

($ per share)

2013

Reportable Dividend

($ per share)

2013 Taxable Ordinary  Dividend

($ per share)

2013

Total Capital Gain Distribution ($ per share)

2013

Unrecap Sec. 1250 Gain

($ per share)

02/12/2013

03/15/2013

03/29/2013

$0.437500

$0.437500

$0.328128

$0.109372

$0.013142

05/01/2013

06/14/2013

06/28/2013

$0.437500

$0.437500

$0.328128

$0.109372

$0.013142

07/23/2013

09/13/2013

09/30/2013

$0.437500

$0.437500

$0.328128

$0.109372

$0.013142

10/22/2013

12/13/2013

12/31/2013

$0.437500

$0.437500

$0.328128

$0.109372

$0.013142

2013 Totals



$1.750000

$1.750000

$1.312512

$0.437488

$0.052568

Series F Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868806
Ticker Symbol: DLRPRF

The 2013 reportable dividend for Digital Realty's Series F Cumulative Redeemable Preferred Stock was $1.656252 per share. For tax reporting purposes the 2013 reportable dividend will be classified as follows:  $1.242200 per share (75%) as ordinary taxable income and $0.414052 per share (25%) as capital gain distribution. 

The following table contains this information on a quarterly basis.

 

Declaration Dates

 

Record Dates

 

Payment Dates

Cash Dividend

($ per share)

2013

Reportable Dividend

($ per share)

2013 Taxable Ordinary  Dividend

($ per share)

2013

Total Capital Gain Distribution ($ per share)

2013

Unrecap Sec. 1250 Gain

($ per share)

02/12/2013

03/15/2013

03/29/2013

$0.414063

$0.414063

$0.310550

$0.103513

$0.012438

05/01/2013

06/14/2013

06/28/2013

$0.414063

$0.414063

$0.310550

$0.103513

$0.012438

07/23/2013

09/13/2013

09/30/2013

$0.414063

$0.414063

$0.310550

$0.103513

$0.012438

10/22/2013

12/13/2013

12/31/2013

$0.414063

$0.414063

$0.310550

$0.103513

$0.012438

2013 Totals



$1.656252

$1.656252

$1.242200

$0.414052

$0.049752

Series G Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868889
Ticker Symbol: DLRPRG

The 2013 reportable dividend for Digital Realty's Series G Cumulative Redeemable Preferred Stock was $1.068926 per share. For tax reporting purposes the 2013 reportable dividend will be classified as follows:  $0.801703 per share (75%) as ordinary taxable income and $0.267223 per share (25%) as capital gain distribution. 

The following table contains this information on a quarterly basis.

 

Declaration Dates

 

Record Dates

 

Payment Dates

Cash Dividend

($ per share)

2013

Reportable Dividend

($ per share)

2013 Taxable Ordinary  Dividend

($ per share)

2013

Total Capital Gain Distribution ($ per share)

2013

Unrecap Sec. 1250 Gain

($ per share)

05/01/2013

06/14/2013

06/28/2013

$0.334550

$0.334550

$0.250915

$0.083635

$0.010049

07/23/2013

09/13/2013

09/30/2013

$0.367188

$0.367188

$0.275394

$0.091794

$0.011030

10/22/2013

12/13/2013

12/31/2013

$0.367188

$0.367188

$0.275394

$0.091794

$0.011030

2013 Totals



$1.068926

$1.068926

$0.801703

$0.267223

$0.032109

Note that ticker symbols may vary by stock quote provider.

About Digital Realty

Digital Realty Trust, Inc. focuses on delivering customer-driven data center solutions by providing secure, reliable and cost-effective facilities that meet each customer's unique data center needs.  Digital Realty's customers include domestic and international companies across multiple industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, health care and consumer products.  Digital Realty's 130 properties, including twelve properties held as investments in unconsolidated joint ventures, comprised approximately 23.8 million square feet as of September 30, 2013, including 2.8 million square feet of space held for development.  Digital Realty's portfolio is located in 33 markets throughout North America, Europe, Asia and Australia.  Additional information about Digital Realty is included in the Company Overview, which is available on the Investors page of Digital Realty's website at http://www.digitalrealty.com

Safe Harbor Statement

This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the payment of dividends on our common stock and preferred stock. These risks and uncertainties include, among others, the following: the impact of the recent deterioration in global economic, credit and market conditions, including the downgrade of the U.S. government's credit rating; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; adverse economic or real estate developments in our industry or the industry sectors that we sell to (including risks relating to decreasing real estate valuations and impairment charges); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; increased interest rates and operating costs; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and space held for development; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in real estate and zoning laws and increases in real property tax rates.  For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013, June 30, 2013 and September 30, 2013.  The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A. William Stein

John J. Stewart

Chief Financial Officer and

Senior Vice President

Chief Investment Officer

Investor Relations

Digital Realty Trust, Inc.

Digital Realty Trust, Inc.

+1 (415) 738-6500

+1 (415) 738-6500

SOURCE Digital Realty Trust, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
While some vendors scramble to create and sell you a fancy solution for monitoring your spanking new Amazon Lambdas, hear how you can do it on the cheap using just built-in Java APIs yourself. By exploiting a little-known fact that Lambdas aren’t exactly single threaded, you can effectively identify hot spots in your serverless code. In his session at 20th Cloud Expo, David Martin, Principal Product Owner at CA Technologies, will give a live demonstration and code walkthrough, showing how to ov...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developer...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, ...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...