AUSTIN,
Texas, Jan. 25, 2024 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of cloud-
and carrier-neutral data center, colocation and interconnection
solutions, announced today the tax treatment of its 2023 dividends
for common stock and preferred stock. The information below
has been prepared using the best available information to
date. Digital Realty's federal income tax return for the year
ended December 31, 2023 has not yet
been filed. Please note that federal tax laws affect
taxpayers differently, and we cannot advise you on how
distributions should be reported on your federal income tax
return. Please also note that state and local taxation of
REIT distributions vary and may not be the same as the federal
rules. 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
Digital Realty's 2023 taxable dividend of $5.264529 per share includes one quarterly
distribution declared in 2022 and paid in January 2023, three quarterly distributions
declared and paid in 2023, and a portion (32%) of one quarterly
distribution declared in 2023 and paid in January 2024. Digital Realty's 2023 taxable
dividend will be reported on Form 1099-DIV as follows:
$2.085936 per share (40%) as ordinary
income and $3.178593 per share (60%)
as capital gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates (1)
|
Cash
Distribution
($ per share)
(1)
|
Taxable
Dividend
($ per share)
(1)
|
Box 1a
Ordinary
Dividend
($ per
share)
|
Box 1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f
Section 897
Capital Gain
($ per share)
(2)
|
Box 5
Section 199A
Dividend
($ per share)
(3)
|
Section
1061
One-Year
Capital Gain
($ per share)
(4)
|
Section
1061
Three-Year
Capital Gain
($ per share)
(4)
|
|
12/15/2022
|
01/13/2023
|
$1.220000
|
$1.220000
|
$0.483394
|
$0.032350
|
$0.736606
|
$0.148736
|
$0.763829
|
$0.451044
|
$0.013545
|
$0.013545
|
|
03/15/2023
|
03/31/2023
|
$1.220000
|
$1.220000
|
$0.483394
|
$0.032350
|
$0.736606
|
$0.148736
|
$0.763829
|
$0.451044
|
$0.013545
|
$0.013545
|
|
06/15/2023
|
06/30/2023
|
$1.220000
|
$1.220000
|
$0.483394
|
$0.032350
|
$0.736606
|
$0.148736
|
$0.763829
|
$0.451044
|
$0.013545
|
$0.013545
|
|
09/15/2023
|
09/29/2023
|
$1.220000
|
$1.220000
|
$0.483394
|
$0.032350
|
$0.736606
|
$0.148736
|
$0.763829
|
$0.451044
|
$0.013545
|
$0.013545
|
|
12/15/2023
|
01/19/2024
|
$1.220000
|
$0.384529
|
$0.152360
|
$0.010196
|
$0.232169
|
$0.046880
|
$0.240749
|
$0.142164
|
$0.004269
|
$0.004269
|
|
|
$6.10000
|
$5.264529
|
$2.085936
|
$0.139596
|
$3.178593
|
$0.641824
|
$3.296065
|
$1.946340
|
$0.058449
|
$0.058449
|
|
|
|
(1)
|
Please note that of the
$1.22 quarterly distribution paid in January 2024, $0.384529 is
included in the 2023 taxable dividend and $0.835471 will be
considered as 2024 reportable dividend for federal income tax
purposes.
|
|
|
|
(2)
|
Represents Section 897
gain attributable to disposition of U.S. real property interests
included in Box 2a Long-Term Capital Gain. Section 897 is
applicable to nonresident alien individuals and foreign
corporations.
|
|
|
|
(3)
|
Beginning in 2018, the
Tax Cuts and Jobs Act of 2017 added Section 199A to allow for a new
tax deduction based on certain qualified business income.
Section 199A provides eligible individual taxpayers a
deduction of up to 20% of their qualified real estate investment
trust dividends (Box 5 of the Form 1099-DIV).
|
|
|
|
(4)
|
For purposes of Section
1061 of the Internal Revenue Code, Digital Realty is disclosing two
additional capital gain categories. Section 1061 is generally
applicable to direct and indirect holders of "applicable
partnership interests." Please consult your tax advisor with
respect to the two additional categories disclosed
herein.
|
Series J Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol:
DLRPRJ
The 2023 taxable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $0.520044 per share (40%)
will be reported on Form 1099-DIV as ordinary income and
$0.792456 per share (60%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f Section
897 Capital
Gain
($ per share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per
share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per
share)
|
|
03/15/2023
|
03/31/2023
|
$0.328125
|
$0.328125
|
$0.130011
|
$0.008701
|
$0.198114
|
$0.040003
|
$0.205436
|
$0.121310
|
$0.003643
|
$0.003643
|
|
06/15/2023
|
06/30/2023
|
$0.328125
|
$0.328125
|
$0.130011
|
$0.008701
|
$0.198114
|
$0.040003
|
$0.205436
|
$0.121310
|
$0.003643
|
$0.003643
|
|
09/15/2023
|
09/29/2023
|
$0.328125
|
$0.328125
|
$0.130011
|
$0.008701
|
$0.198114
|
$0.040003
|
$0.205436
|
$0.121310
|
$0.003643
|
$0.003643
|
|
12/15/2023
|
12/29/2023
|
$0.328125
|
$0.328125
|
$0.130011
|
$0.008701
|
$0.198114
|
$0.040003
|
$0.205436
|
$0.121310
|
$0.003643
|
$0.003643
|
|
|
$1.312500
|
$1.312500
|
$0.520044
|
$0.034804
|
$0.792456
|
$0.160012
|
$0.821744
|
$0.485240
|
$0.014572
|
$0.014572
|
Series K Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868830
Ticker Symbol:
DLRPRK
The 2023 taxable dividend for Digital Realty Trust, Inc.'s
Series K Cumulative Redeemable Preferred Stock is $1.462500 per share. For tax reporting
purposes, $0.579480 per share (40%)
will be reported on Form 1099-DIV as ordinary income and
$0.883020 per share (60%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f Section
897 Capital
Gain
($ per
share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per
share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per
share)
|
|
03/15/2023
|
03/31/2023
|
$0.365625
|
$0.365625
|
$0.144870
|
$0.009695
|
$0.220755
|
$0.044575
|
$0.228914
|
$0.135175
|
$0.004059
|
$0.004059
|
|
06/15/2023
|
06/30/2023
|
$0.365625
|
$0.365625
|
$0.144870
|
$0.009695
|
$0.220755
|
$0.044575
|
$0.228914
|
$0.135175
|
$0.004059
|
$0.004059
|
|
09/15/2023
|
09/29/2023
|
$0.365625
|
$0.365625
|
$0.144870
|
$0.009695
|
$0.220755
|
$0.044575
|
$0.228914
|
$0.135175
|
$0.004059
|
$0.004059
|
|
12/15/2023
|
12/29/2023
|
$0.365625
|
$0.365625
|
$0.144870
|
$0.009695
|
$0.220755
|
$0.044575
|
$0.228914
|
$0.135175
|
$0.004059
|
$0.004059
|
|
|
$1.462500
|
$1.462500
|
$0.579480
|
$0.038780
|
$0.883020
|
$0.178300
|
$0.915656
|
$0.540700
|
$0.016236
|
$0.016236
|
Series L Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868822
Ticker Symbol:
DLRPRL
The 2023 taxable dividend for Digital Realty Trust, Inc.'s
Series L Cumulative Redeemable Preferred Stock is $1.300000 per share. For tax reporting
purposes, $0.515092 per share (40%)
will be reported on Form 1099-DIV as ordinary income and
$0.784908 per share (60%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f
Section 897
Capital
Gain ($ per
share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per
share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per
share)
|
|
03/15/2023
|
03/31/2023
|
$0.325000
|
$0.325000
|
$0.128773
|
$0.008618
|
$0.196227
|
$0.039622
|
$0.203479
|
$0.120155
|
$0.003608
|
$0.003608
|
|
06/15/2023
|
06/30/2023
|
$0.325000
|
$0.325000
|
$0.128773
|
$0.008618
|
$0.196227
|
$0.039622
|
$0.203479
|
$0.120155
|
$0.003608
|
$0.003608
|
|
09/15/2023
|
09/29/2023
|
$0.325000
|
$0.325000
|
$0.128773
|
$0.008618
|
$0.196227
|
$0.039622
|
$0.203479
|
$0.120155
|
$0.003608
|
$0.003608
|
|
12/15/2023
|
12/29/2023
|
$0.325000
|
$0.325000
|
$0.128773
|
$0.008618
|
$0.196227
|
$0.039622
|
$0.203479
|
$0.120155
|
$0.003608
|
$0.003608
|
|
|
$1.300000
|
$1.300000
|
$0.515092
|
$0.034472
|
$0.784908
|
$0.158488
|
$0.813916
|
$0.480620
|
$0.014432
|
$0.014432
|
Note that ticker symbols may vary by stock quote
provider.
About Digital Realty
Digital Realty brings companies
and data together by delivering the full spectrum of data center,
colocation and interconnection solutions. PlatformDIGITAL®, the
company's global data center platform, provides customers with a
secure data meeting place and a proven Pervasive Datacenter
Architecture (PDx®) solution methodology for powering innovation
and efficiently managing Data Gravity challenges. Digital Realty
gives its customers access to the connected data communities that
matter to them with a global data center footprint of 300+
facilities in 50+ metros across 25+ countries on six continents. To
learn more about Digital Realty, please visit digitalrealty.com or
follow us on LinkedIn and X.
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. For a 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. 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.
For Additional Information
Investor
Relations
Jordan Sadler / Jim Huseby
Digital Realty
(737) 281-0101
InvestorRelations@digitalrealty.com
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SOURCE Digital Realty