Friday, February 27, 2015
DLR raises dividend 2.4% --- New yield is 5.17%
DLR announced that is will raise its quarterly dividend by $.02 from $.83 to $.85. This represents a 2.41% increase and the new yield is 5.17%.
Digital Realty's board of directors authorized a quarterly common stock dividend of $0.85 per share to common stockholders of record as of the close of business on March 13, 2015. The common stock dividend will be paid on March 31, 2015.
Since I currently own 100 shares, my yearly dividends will increase by $8.00
Yesterday's ESV news obviously sent a shockwave through my portfolio and it will take a lot more raises from other companies to fill the void. Actually looking across the board, I don't know that raises from every company I own can make up for that catastrophe. The fallout is going to be felt for several quarters until I can replace the lost income.
But only a fool trips over what's behind him, so it is time to brush myself off and get moving again!