In trading on Friday, shares of Digital Realty Trust Inc’s 5.250% Series J Cumulative Redeemable Preferred Stock (Symbol: DLR.PRJ) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $18.63 on the day. This compares to an average yield of 8.24% in the “Real Estate” preferred stock category, according to Preferred Stock Channel. As of last close, DLR.PRJ was trading at a 24.60% discount to its liquidation preference amount, versus the average discount of 16.03% in the “Real Estate” category.
Below is a dividend history chart for DLR.PRJ, showing historical dividend payments on Digital Realty Trust Inc’s 5.250% Series J Cumulative Redeemable Preferred Stock:
In Friday trading, Digital Realty Trust Inc’s 5.250% Series J Cumulative Redeemable Preferred Stock (Symbol: DLR.PRJ) is currently down about 0.7% on the day, while the common shares (Symbol: DLR) are up about 2.1%.
