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Digital Realty Trust's Series K Preferred Stock Yield Pushes Past 7%

Source: Nasdaq

Capital Returns (Dividends / Buybacks)Credit & Bond MarketsCompany Fundamentals

Digital Realty Trust's 5.850% Series K cumulative redeemable preferred shares (DLR.PRK) traded as low as $20.82 on Friday, lifting their indicated yield above 7%. The preferred stock pays a quarterly dividend annualized at $1.4625; the lower trading price increases its income yield for buyers.

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