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!
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Well, some good news in your portfolio is welcome after yesterday's shock. Congrats on the increase!
ReplyDeleteR2R
R2R,
DeleteThanks and you are right. This is good news. Hopefully a few more increases will be coming in the next month.
MDP
MDP,
ReplyDeleteSorry about ESV, that bites. At least DLR and WM provide some silver lining for you, but it looks like you need a lot of those to make up for it.
Long WM as well,
Gremlin
DG,
DeleteYeah, but like the saying goes....you eat an elephant one bite at a time. The ESV cut was elephant-like.
MDP
Good news for you! :-)
ReplyDelete