The Dynamic Dividend

Digital Realty Gives Shareholders Another Big Raise

Digital Realty Trust, Inc. (DLR) declared a quarterly dividend of $0.68 per share today, a 28% increase over the $0.54 paid each of the last two quarters by the tech-focused REIT, and a 42% improvement over its dividend from the same period a year ago.

Shares of DLR closed at $55.32 yesterday, where they now carry a 4.92% dividend yield.

Digital Realty Trust, which specializes in datacenter facilities, has now raised its dividend nine times since going public at the end of 2004, boosting its payout by a total of 179% over that span.