SAN FRANCISCO, Jan. 23, 2019 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data
center, colocation and interconnection solutions, announced today
the tax treatment of its 2018 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, 2018 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
The 2018 distributions of $3.960000 per share include one quarterly
distribution declared in 2017 and paid in January 2018, and three quarterly distributions
declared and paid in 2018. The 2018 distributions will be
reported on Form 1099-DIV as follows: $3.174995 per share as ordinary income and
$0.785005 per share as return of
capital.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
3
Non-Dividend
Distribution
($ per
share)
|
Box
5
Section
199A
Dividend
(1)
($ per
share)
|
12/15/2017
|
01/12/2018
|
$0.930000
|
$0.745643
|
$0.745643
|
$0.184357
|
$0.745643
|
03/15/2018
|
03/30/2018
|
$1.010000
|
$0.809784
|
$0.809784
|
$0.200216
|
$0.809784
|
06/15/2018
|
06/29/2018
|
$1.010000
|
$0.809784
|
$0.809784
|
$0.200216
|
$0.809784
|
09/14/2018
|
09/28/2018
|
$1.010000
|
$0.809784
|
$0.809784
|
$0.200216
|
$0.809784
|
|
|
$3.960000
|
$3.174995
|
$3.174995
|
$0.785005
|
$3.174995
|
|
|
(1)
|
The Tax Cuts and Jobs
Act enacted on December 22, 2017 generally allows a deduction for
individuals equal to 20% of ordinary dividends distributed by a
REIT (excluding capital gain dividends and qualified dividend
income). Section 199A Dividends is a subset of, and is
included in, the Taxable Ordinary Dividend Amount.
|
Please note that the $1.01
quarterly distribution declared in November
2018 and paid in January 2019
will be considered as 2019 reportable dividend for federal income
tax purposes.
Series C Cumulative Redeemable
Perpetual Preferred
Stock Dividends
CUSIP # 253868848
Ticker
Symbol: DLRPRC
The 2018 reportable dividend for Digital Realty Trust, Inc.'s
Series C Cumulative Redeemable Perpetual Preferred Stock is
$1.656252 per share. For tax
reporting purposes, $1.656252 per
share (100%) will be reported on Form 1009-DIV as ordinary income
and qualifies as Section 199A dividend.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
5
Section
199A
Dividend
($ per
share)
|
03/15/2018
|
03/30/2018
|
$0.414063
|
$0.414063
|
$0.414063
|
$0.414063
|
06/15/2018
|
06/29/2018
|
$0.414063
|
$0.414063
|
$0.414063
|
$0.414063
|
09/14/2018
|
09/28/2018
|
$0.414063
|
$0.414063
|
$0.414063
|
$0.414063
|
12/14/2018
|
12/31/2018
|
$0.414063
|
$0.414063
|
$0.414063
|
$0.414063
|
|
|
$1.656252
|
$1.656252
|
$1.656252
|
$1.656252
|
Series G Cumulative Redeemable
Preferred Stock
Dividends
CUSIP # 253868889
Ticker Symbol:
DLRPRG
The 2018 reportable dividend for Digital Realty Trust, Inc.'s
Series G Cumulative Redeemable Preferred Stock is $1.468752 per share. For tax reporting
purposes, $1. 468752 per share (100%)
will be reported on Form 1099-DIV as ordinary income and qualifies
as Section 199A dividend.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
5
Section
199A
Dividend
($ per
share)
|
03/15/2018
|
03/30/2018
|
$0.367188
|
$0.367188
|
$0.367188
|
$0.367188
|
06/15/2018
|
06/29/2018
|
$0.367188
|
$0.367188
|
$0.367188
|
$0.367188
|
09/14/2018
|
09/28/2018
|
$0.367188
|
$0.367188
|
$0.367188
|
$0.367188
|
12/14/2018
|
12/31/2018
|
$0.367188
|
$0.367188
|
$0.367188
|
$0.367188
|
|
|
$1.468752
|
$1.468752
|
$1.468752
|
$1.468752
|
Series H Cumulative Redeemable
Preferred Stock
Dividends
CUSIP # 253868871
Ticker Symbol:
DLRPRH
The 2018 reportable dividend for Digital Realty Trust, Inc.'s
Series H Cumulative Redeemable Preferred Stock is $1.843752 per share. For tax reporting
purposes, $1.843752 per share (100%)
will be reported on Form 1099-DIV as ordinary income and qualifies
as Section 199A dividend.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box5
Section
199A
Dividend
($ per
share)
|
03/15/2018
|
03/30/2018
|
$0.460938
|
$0.460938
|
$0.460938
|
$0.460938
|
06/15/2018
|
06/29/2018
|
$0.460938
|
$0.460938
|
$0.460938
|
$0.460938
|
09/14/2018
|
09/28/2018
|
$0.460938
|
$0.460938
|
$0.460938
|
$0.460938
|
12/14/2018
|
12/31/2018
|
$0.460938
|
$0.460938
|
$0.460938
|
$0.460938
|
|
|
$1.843752
|
$1.843752
|
$1.843752
|
$1.843752
|
Series I Cumulative Redeemable
Preferred Stock
Dividends
CUSIP # 253868863
Ticker Symbol:
DLRPRI
The 2018 reportable dividend for Digital Realty Trust, Inc.'s
Series I Cumulative Redeemable Preferred Stock is $1.587500 per share. For tax reporting
purposes, $1.587500 per share (100%)
will be reported on Form 1099-DIV as ordinary income and qualifies
as Section 199A dividend.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
5
Section
199A
Dividend
($ per
share)
|
03/15/2018
|
03/30/2018
|
$0.396875
|
$0.396875
|
$0.396875
|
$0.396875
|
06/15/2018
|
06/29/2018
|
$0.396875
|
$0.396875
|
$0.396875
|
$0.396875
|
09/14/2018
|
09/28/2018
|
$0.396875
|
$0.396875
|
$0.396875
|
$0.396875
|
12/14/2018
|
12/31/2018
|
$0.396875
|
$0.396875
|
$0.396875
|
$0.396875
|
|
|
$1.587500
|
$1.587500
|
$1.587500
|
$1.587500
|
Series J Cumulative Redeemable
Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol:
DLRPRJ
The 2018 reportable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $1.312500 per share (100%)
will be reported on Form 1099-DIV as ordinary income and qualifies
as Section 199A dividend.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
5
Section
199A
Dividend
($ per
share)
|
03/15/2018
|
03/30/2018
|
$0.328125
|
$0.328125
|
$0.328125
|
$0.328125
|
06/15/2018
|
06/29/2018
|
$0.328125
|
$0.328125
|
$0.328125
|
$0.328125
|
09/14/2018
|
09/28/2018
|
$0.328125
|
$0.328125
|
$0.328125
|
$0.328125
|
12/14/2018
|
12/31/2018
|
$0.328125
|
$0.328125
|
$0.328125
|
$0.328125
|
|
|
$1.312500
|
$1.312500
|
$1.312500
|
$1.312500
|
Note that ticker symbols may vary by stock quote provider.
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J.
Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,300 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Asia, Latin America and Australia. Digital
Realty's clients include domestic and international companies of
all sizes, ranging from cloud and information technology services,
communications and social networking to financial services,
manufacturing, energy, healthcare, and consumer products.
www.digitalrealty.com
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. These risks and
uncertainties include, among others, the following: reduced demand
for data centers or decreases in information technology spending;
decreased rental rates, increased operating costs or increased
vacancy rates; increased competition or available supply of data
center space; the suitability of our data centers and data center
infrastructure, delays or disruptions in connectivity or
availability of power, or failures or breaches of our physical and
information security infrastructure or services; our dependence
upon significant customers, bankruptcy or insolvency of a major
customer or a significant number of smaller customers, or defaults
on or non-renewal of leases by customers; breaches of our
obligations or restrictions under our contracts with our customers;
our inability to successfully develop and lease new properties and
development space, and delays or unexpected costs in development of
properties; the impact of current global and local economic, credit
and market conditions; our inability to retain data center space
that we lease or sublease from third parties; difficulty acquiring
or operating properties in foreign jurisdictions; our failure to
realize the intended benefits from, or disruptions to our plans and
operations or unknown or contingent liabilities related to, our
recent acquisitions; our failure to successfully integrate and
operate acquired or developed properties or businesses;
difficulties in identifying properties to acquire and completing
acquisitions; risks related to joint venture investments, including
as a result of our lack of control of such investments; risks
associated with using debt to fund our business activities,
including re-financing and interest rate risks, our failure to
repay debt when due, adverse changes in our credit ratings or our
breach of covenants or other terms contained in our loan facilities
and agreements; our failure to obtain necessary debt and equity
financing, and our dependence on external sources of capital;
financial market fluctuations and changes in foreign currency
exchange rates; adverse economic or real estate developments in our
industry or the industry sectors that we sell to, including risks
relating to decreasing real estate valuations and impairment
charges and goodwill and other intangible asset impairment charges;
our inability to manage our growth effectively; losses in excess of
our insurance coverage; environmental liabilities and risks related
to natural disasters; our inability to comply with rules and
regulations applicable to our company; our failure to maintain our
status as a REIT for federal income tax purposes; our operating
partnership's failure to qualify as a partnership for federal
income tax purposes; restrictions on our ability to engage in
certain business activities; and changes in local, state, federal
and international laws and regulations, including related to
taxation, real estate and zoning laws, and increases in real
property tax rates. For a further 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, including
the company's Annual Report on Form 10-K for the year ended
December 31, 2017, and Quarterly
Reports on Form 10-Q for the quarters ended March 31, 2018, June 30,
2018 and September 30,
2018. 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.
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SOURCE Digital Realty