Digital Realty Trust's Series L Preferred Stock Shares Cross 6.5% Yield Mark

Digital Realty Trust's 5.200% Series L preferred (DLR.PRL) was yielding above 6.5% based on a quarterly dividend annualized to $1.30. Shares traded as low as $19.84 on Friday, reflecting the elevated yield relative to the 5.20% coupon; factual trading update with limited broader market implications.

Analysis

Digital Realty Trust's 5.200% Series L preferred (DLR.PRL) was yielding above 6.5% based on a quarterly dividend annualized to $1.30. Shares traded as low as $19.84 on Friday, reflecting the elevated yield relative to the 5.20% coupon; factual trading update with limited broader market implications.