Key Developments: Digital Realty Trust Inc (DLR)
62.99USD
23 May 2013
$0.40 (+0.64%)
$62.59
$61.88
$63.70
$61.33
1,912,299
1,442,435
$80.59
$59.25
Latest Key Developments (Source: Significant Developments)
Digital Realty Trust Inc Declares Quarterly Common Dividend
Digital Realty Trust Inc announced that its Board of Directors has authorized a quarterly common stock dividend of $0.78 per share to common stockholders of record as of the close of business on June 14, 2013. The common stock dividend will be paid on June 28, 2013. Full Article
Digital Realty Trust Inc Reaffirms FY 2013 FFO Guidance
Digital Realty Trust Inc announced that it is not revising its fiscal 2013 FFO guidance range of $4.65 to $4.80 per share, core FFO guidance range of $4.70 to $4.85 per share, and underlying assumptions at this time. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO per share of $4.82 for fiscal 2013. Full Article
Digital Realty Trust Inc Announces Closing of Offering of 5.875% Series G Cumulative Redeemable Preferred Stock
Digital Realty Trust Inc shares announced the closing of an underwritten public offering of 10.0 million shares of 5.875% Series G Cumulative Redeemable Preferred Stock (the Series G Preferred Stock) at a price of $25.00 per share for gross proceeds of $250.0 million (including 1.0 million shares pursuant to the partial exercise of the underwriters' over-allotment option). The Series G Preferred Stock has been admitted for trading on the New York Stock Exchange under the symbol DLR Pr G. The Company intends to contribute the net proceeds from this offering to its operating partnership, Digital Realty Trust, L.P., which will subsequently use the net proceeds received from the Company to temporarily repay borrowings under its global revolving credit facility, to acquire additional properties, to fund development opportunities, for general corporate purposes, including potentially for the repurchase, redemption or retirement of outstanding debt or preferred equity securities, or a combination of the foregoing. The offering was made pursuant to an effective shelf registration statement, prospectus and related prospectus supplement filed by the Company with the Securities and Exchange Commission. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC were the joint book-running managers for the offering. Full Article
Digital Realty Trust Inc Announces Commencement Of Series G Cumulative Redeemable Preferred Stock Offering
Digital Realty Trust Inc announced the commencement of a public offering of shares of Series G Cumulative Redeemable Preferred Stock at a price of $25.00 per share. The Company intends to contribute the net proceeds from this offering to its operating partnership, Digital Realty Trust, L.P., which will subsequently use the net proceeds received from the Company to temporarily repay borrowings under its global revolving credit facility, to acquire additional properties, to fund development opportunities, for general corporate purposes, including potentially for the repurchase, redemption or retirement of outstanding debt or preferred equity securities, or a combination of the foregoing. The offering is being made pursuant to an effective shelf registration statement, prospectus and related prospectus supplement filed by the Company with the Securities and Exchange Commission. Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC will be the joint book-running managers for the offering. Full Article
Digital Realty Trust Inc Acquires Data Center Development Property In Ontario
Digital Realty Trust Inc announced that it has completed the acquisition of 371 Gough Road in Markham, Ontario (Canada), a 120,000 square foot data center development property that is located approximately 17 miles north of Toronto's central business district; construction on the facility is subject to demand. The purchase price was CAD8.65 million. Full Article
Digital Realty Trust Inc Reaffirms FY 2013 FFO Guidance
Digital Realty Trust Inc announced that FFO per share for fiscal 2013 is projected to be between $4.65 and $4.80. Core FFO per share for fiscal 2013, which excludes items that do not represent ongoing expenses or revenue streams, is projected to be between $4.70 and $4.85. This guidance represents projected core FFO growth of 5.4% to 8.7% over 2012 core FFO of $4.46 per share. The Company also expects net income available to common stockholders per diluted share is in the range of $1.37-1.52 for fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO per share of $4.85 for fiscal 2013. Full Article
Digital Realty Trust Inc Increases Quarterly Common Stock Dividend By 7%
Digital Realty Trust Inc announced that its Board of Directors has authorized a quarterly common stock dividend of $0.78 per share to common stockholders and a preferred stock dividend of $0.414063 per share to holders of record of the Company's 6.625% Series F Cumulative Redeemable Preferred Stock of record as of the close of business on March 15, 2013. The common stock dividend will be paid on March 29, 2013. Full Article
Digital Realty Trust Inc Issues FY 2013 FFO Guidance Below Analysts' Estimates; Revises FY 2012 FFO Guidance To A Range In Line With Analysts' Estimates
Digital Realty Trust Inc announced that it expects FFO per share for fiscal 2012 to be between $4.42 and $4.44. Core FFO per share, which excludes items that do not represent ongoing expense or revenue streams, is projected to be between $4.44 and $4.46 for fiscal 2012. For fiscal 2013, it expects FFO per share to be between $4.65 and $4.80. Core FFO per share for fiscal 2013, which excludes items that do not represent ongoing expense or revenue streams, is projected to be between $4.70 and $4.85. According to I/B/E/S Estimates, analysts were expecting the Company to report FFO of $4.43 for fiscal 2012; FFO of $4.96 for fiscal 2013. Full Article
Digital Realty Trust Inc Announces Pricing Of 4.250% Notes Due 2025
Digital Realty Trust Inc announced that Digital Stout Holding, LLC, a wholly-owned subsidiary of its operating partnership, Digital Realty Trust, L.P. (the Operating Partnership), priced a private placement of GBP400 million aggregate principal amount of its 4.250% Guaranteed Notes due 2025 (the Notes). The Notes will be senior unsecured obligations of Digital Stout Holding, LLC and will be fully and unconditionally guaranteed by the Company and the Operating Partnership. Interest on the Notes will be payable semiannually in arrears at a rate of 4.250% per annum. The offering is expected to close on January 18, 2013, subject to the execution of a subscription agreement for the Notes and the satisfaction of certain closing conditions. The Company intends to use the net proceeds from the offering of the Notes to temporarily repay borrowings under its global revolving credit facility, to acquire additional properties, to fund development and redevelopment opportunities, for general working capital purposes or a combination of the foregoing. Full Article
Digital Realty Trust Inc Acquires Operating Data Centre In Sydney
Digital Realty Trust Inc announced that it has completed the acquisition of 23-25 Waterloo Road, Macquarie Park, a 7,500 square-meter data centre in Sydney, Australia . The property is currently fully leased to a leading global provider of IT products and services on a long-term basis. The purchase price was AU$11.75 million. Full Article
RPT-Fitch rates Digital Realty Trust's $225MM 5.875% Series G preferred stock 'BB+'; outlook stable
April 4 - (The following statement was released by the rating agency)
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
