SAN FRANCISCO, Jan. 24, 2017 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data center
and colocation solutions, announced today the tax treatment of its
2016 dividends for common stock and preferred stock.
Shareholders are urged to consult with their tax advisors as
to their specific tax treatment of Digital Realty's
dividends.
Digital Realty Trust, Inc. Common Stock Dividends
CUSIP # 253868103
Ticker Symbol: DLR
The 2016 taxable dividend of $3.950248 per share includes one quarterly
distribution declared in 2015 and paid in January 2016, three quarterly distributions
declared and paid in 2016, and a portion (52%) of one quarterly
distribution declared in 2016 and paid in January 2017. The 2016 taxable dividend
will be classified on Form 1099-DIV as follows: $3.870412 per share (98%) as ordinary income and
$0.079836 per share (2%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash Distribution ($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain
($ per share)
|
12/15/2015
|
01/15/2016
|
$0.850000
|
$0.850000
|
$0.832821
|
$0.017179
|
$0.017179
|
03/15/2016
|
03/31/2016
|
$0.880000
|
$0.880000
|
$0.862215
|
$0.017785
|
$0.017785
|
06/15/2016
|
06/30/2016
|
$0.880000
|
$0.880000
|
$0.862215
|
$0.017785
|
$0.017785
|
09/15/2016
|
09/30/2016
|
$0.880000
|
$0.880000
|
$0.862215
|
$0.017785
|
$0.017785
|
12/15/2016
|
01/13/2017
|
$0.880000
|
$0.460248
|
$0.450946
|
$0.009302
|
$0.009302
|
|
|
$4.370000
|
$3.950248
|
$3.870412
|
$0.079836
|
$0.079836
|
Please note that of the $0.88
quarterly distribution paid in January
2017, $0.460248 is included in
the 2016 taxable dividend and $0.419752 will be included in the 2017 taxable
dividend.
Series E Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868707
Ticker Symbol: DLRPRE
The 2016 taxable dividend for Digital Realty Trust, Inc.'s
Series E Cumulative Redeemable Preferred Stock was $1.234720 per share. For tax reporting
purposes, the 2016 taxable dividend will be classified as follows:
$1.209766 per share (98%) as ordinary
income and $0.024954 per share (2%)
as capital gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain
($ per share)
|
03/15/2016
|
03/31/2016
|
$0.437500
|
$0.437500
|
$0.428658
|
$0.008842
|
$0.008842
|
06/15/2016
|
06/30/2016
|
$0.437500
|
$0.437500
|
$0.428658
|
$0.008842
|
$0.008842
|
09/15/2016
|
09/15/2016
|
$0.359720
|
$0.359720
|
$0.352450
|
$0.007270
|
$0.007270
|
|
|
$1.234720
|
$1.234720
|
$1.209766
|
$0.024954
|
$0.024954
|
On September 15, 2016, Digital
Realty redeemed all outstanding shares of its Series E Cumulative
Redeemable Preferred Stock for a total payment of $25.35972 per share, consisting of the redemption
price of $25 per share, plus all
accrued and unpaid dividends in an amount of $0.359720 per share.
Series F Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868806
Ticker Symbol: DLRPRF
The 2016 taxable dividend for Digital Realty Trust, Inc.'s
Series F Cumulative Redeemable Preferred Stock was $1.656252 per share. For tax reporting
purposes, the 2016 taxable dividend will be classified as
follows: $1.622780 per share
(98%) as ordinary income and $0.033472 per share (2%) as capital gain
distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term
Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain
($ per share)
|
03/15/2016
|
03/31/2016
|
$0.414063
|
$0.414063
|
$0.405695
|
$0.008368
|
$0.008368
|
06/15/2016
|
06/30/2016
|
$0.414063
|
$0.414063
|
$0.405695
|
$0.008368
|
$0.008368
|
09/15/2016
|
09/30/2016
|
$0.414063
|
$0.414063
|
$0.405695
|
$0.008368
|
$0.008368
|
12/15/2016
|
12/30/2016
|
$0.414063
|
$0.414063
|
$0.405695
|
$0.008368
|
$0.008368
|
|
|
$1.656252
|
$1.656252
|
$1.622780
|
$0.033472
|
$0.033472
|
Series G Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868889
Ticker Symbol: DLRPRG
The 2016 taxable dividend for Digital Realty Trust, Inc.'s
Series G Cumulative Redeemable Preferred Stock was $1.468752 per share. For tax reporting
purposes, the 2016 taxable dividend will be classified as
follows: $1.439068 per share
(98%) as ordinary income and $0.029684 per share (2%) as capital gain
distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain
($ per share)
|
03/15/2016
|
03/31/2016
|
$0.367188
|
$0.367188
|
$0.359767
|
$0.007421
|
$0.007421
|
06/15/2016
|
06/30/2016
|
$0.367188
|
$0.367188
|
$0.359767
|
$0.007421
|
$0.007421
|
09/15/2016
|
09/30/2016
|
$0.367188
|
$0.367188
|
$0.359767
|
$0.007421
|
$0.007421
|
12/15/2016
|
12/30/2016
|
$0.367188
|
$0.367188
|
$0.359767
|
$0.007421
|
$0.007421
|
|
|
$1.468752
|
$1.468752
|
$1.439068
|
$0.029684
|
$0.029684
|
Series H Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868871
Ticker Symbol: DLRPRH
The 2016 taxable dividend for Digital Realty Trust, Inc.'s
Series H Cumulative Redeemable Preferred Stock was $1.843752 per share. For tax reporting
purposes, the 2016 taxable dividend will be classified as
follows: $1.806488 per share
(98%) as ordinary income and $0.037264 per share (2%) as capital gain
distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term
Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain ($ per
share)
|
03/15/2016
|
03/31/2016
|
$0.460938
|
$0.460938
|
$0.451622
|
$0.009316
|
$0.009316
|
06/15/2016
|
06/30/2016
|
$0.460938
|
$0.460938
|
$0.451622
|
$0.009316
|
$0.009316
|
09/15/2016
|
09/30/2016
|
$0.460938
|
$0.460938
|
$0.451622
|
$0.009316
|
$0.009316
|
12/15/2016
|
12/30/2016
|
$0.460938
|
$0.460938
|
$0.451622
|
$0.009316
|
$0.009316
|
|
|
$1.843752
|
$1.843752
|
$1.806488
|
$0.037264
|
$0.037264
|
Series I Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868863
Ticker Symbol: DLRPRI
The 2016 taxable dividend for Digital Realty Trust, Inc.'s
Series I Cumulative Redeemable Preferred Stock was $ 1.587500 per share. For tax reporting
purposes, the 2016 taxable dividend will be classified as
follows: $1.555416 per share
(98%) as ordinary income and $0.032084 per share (2%) as capital gain
distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per share)
|
Taxable
Dividend
($ per share)
|
Ordinary
Dividend
($ per share)
|
Long-Term
Capital Gain
($ per share)
|
Unrecaptured
Section 1250
Gain
($ per share)
|
03/15/2016
|
03/31/2016
|
$0.396875
|
$0.396875
|
$0.388854
|
$0.008021
|
$0.008021
|
06/15/2016
|
06/30/2016
|
$0.396875
|
$0.396875
|
$0.388854
|
$0.008021
|
$0.008021
|
09/15/2016
|
09/30/2016
|
$0.396875
|
$0.396875
|
$0.388854
|
$0.008021
|
$0.008021
|
12/15/2016
|
12/30/2016
|
$0.396875
|
$0.396875
|
$0.388854
|
$0.008021
|
$0.008021
|
|
|
$1.587500
|
$1.587500
|
$1.555416
|
$0.032084
|
$0.032084
|
Note that ticker symbols may vary by stock quote provider.
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J. Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data center, colocation and
interconnection strategies of more than 2,000 firms across its
secure, network-rich portfolio of data centers located throughout
North America, Europe, Asia
and Australia. Digital Realty's clients include domestic and
international companies of all sizes, ranging from financial
services, cloud and information technology services, to
manufacturing, energy, gaming, life sciences and consumer products.
https://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 amount and payment of dividends on our common stock and
preferred stock. These risks and uncertainties include, among
others, the following: the impact of current global economic,
credit and market conditions; current local economic conditions in
the geographies in which we operate; 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; 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 and
information security 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, increased operating costs or increased vacancy rates;
increased competition or available supply of data center space; our
inability to successfully develop and lease new properties and
development space; difficulties in identifying properties to
acquire and completing acquisitions; our inability to acquire
off-market properties; the impact of the United Kingdom's referendum on withdrawal from
the European Union on global financial markets and our business;
our inability to comply with the rules and regulations applicable
to reporting companies; 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, 2015, as amended, and
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2016, June 30,
2016 and September 30,
2016. 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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/digital-realty-announces-tax-treatment-of-2016-dividends-300395880.html
SOURCE Digital Realty