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Market Impact: 0.12
Digital Realty Trust's Series L Preferred Stock Shares Cross 7% Yield Mark
Source: Nasdaq
Credit & Bond MarketsCapital Returns (Dividends / Buybacks)Housing & Real Estate
Digital Realty Trust's 5.200% Series L cumulative redeemable preferred shares (DLR.PRL) traded as low as $18.40 on Friday, lifting their yield above 7% based on the $1.30 annualized dividend. The item is a price-and-yield update for a specific preferred-security issue, with limited broader market implications.
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