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!

5 comments:

  1. Well, some good news in your portfolio is welcome after yesterday's shock. Congrats on the increase!

    R2R

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    1. R2R,

      Thanks and you are right. This is good news. Hopefully a few more increases will be coming in the next month.

      MDP

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  2. MDP,

    Sorry 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

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    1. DG,

      Yeah, but like the saying goes....you eat an elephant one bite at a time. The ESV cut was elephant-like.

      MDP

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