DALLAS, Jan. 21,
2025 /PRNewswire/ -- Digital Realty (NYSE:
DLR), a leading global provider of cloud- and carrier-neutral
data center, colocation and interconnection solutions, announced
today the tax treatment of its 2024 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, 2024 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
Digital Realty's 2024 taxable dividend of $4.495471 per share includes a portion (68%) of
one quarterly distribution declared in 2023 and paid in
January 2024, and three quarterly
distributions declared and paid in 2024. Digital Realty's 2024
taxable dividend will be reported on Form 1099-DIV as
follows: $3.450878 per share
(77%) as ordinary income and $1.044593 per share (23%) as capital gain
distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates (1)
|
Cash
Distribution
($ per share)
(1)
|
Taxable
Dividend
($ per share)
(1)
|
Box 1a
Ordinary
Dividend
($ per
share)
|
Box 1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Un-
Recaptured
Section 1250
Gain
($ per
share)
|
Box 2f
Section 897
Capital Gain
($ per share) (2)
|
Box 5
Section 199A
Dividend
($ per share)
(3)
|
Section 1061
One-Year
Capital Gain
($ per share) (4)
|
Section 1061
Three-Year
Capital Gain
($ per share) (4)
|
|
12/15/2023
|
1/19/2024
|
$1.220000
|
$0.835471
|
$0.641336
|
$-
|
$0.194135
|
$0.099870
|
$0.190012
|
$0.641336
|
$0.127756
|
$0.127629
|
|
3/15/2024
|
3/28/2024
|
$1.220000
|
$1.220000
|
$0.936514
|
$-
|
$0.283486
|
$0.145835
|
$0.277465
|
$0.936514
|
$0.186556
|
$0.186370
|
|
6/14/2024
|
6/28/2024
|
$1.220000
|
$1.220000
|
$0.936514
|
$-
|
$0.283486
|
$0.145835
|
$0.277465
|
$0.936514
|
$0.186556
|
$0.186370
|
|
9/13/2024
|
9/30/2024
|
$1.220000
|
$1.220000
|
$0.936514
|
$-
|
$0.283486
|
$0.145835
|
$0.277465
|
$0.936514
|
$0.186556
|
$0.186370
|
|
|
$4.880000
|
$4.495471
|
$3.450878
|
$-
|
$1.044593
|
$0.537375
|
$1.022407
|
$3.450878
|
$0.687424
|
$0.686739
|
|
|
|
(1)
|
Please note that of the
$1.22 quarterly distribution paid in January 2024, $0.384529 was
included in the 2023 taxable dividend and $0.835471 is included in
the 2024 taxable dividend for federal income tax purposes. The
$1.22 quarterly cash distribution declared in the fourth quarter of
2024 and paid in January 2025 will be treated as a 2025
distribution for federal income tax purposes. It will not be
included on the 2024 Form 1099-DIV and will be reported on your
2025 Form 1099-DIV.
|
|
(2)
|
Represents Section 897
gain attributable to disposition of U.S. real property interests
included in Box 2a Long-Term Capital Gain. Section 897 is
applicable to nonresident alien individuals and foreign
corporations.
|
|
(3)
|
Beginning in 2018, the
Tax Cuts and Jobs Act of 2017 added Section 199A to allow for a new
tax deduction based on certain qualified business income.
Section 199A provides eligible individual taxpayers a
deduction of up to 20% of their qualified real estate investment
trust dividends.
|
|
(4)
|
For purposes of Section
1061 of the Internal Revenue Code, Digital Realty is disclosing two
additional capital gain categories. Section 1061 is generally
applicable to direct and indirect holders of "applicable
partnership interests." Please consult your tax advisor with
respect to the two additional categories disclosed
herein.
|
Series J Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol:
DLRPRJ
The 2024 taxable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $1.007520 per share (77%)
will be reported on Form 1099-DIV as ordinary income and
$0.304980 per share (23%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f
Section 897
Capital Gain
($ per share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per share)
|
|
3/15/2024
|
3/28/2024
|
$0.328125
|
$0.328125
|
$0.251880
|
$-
|
$0.076245
|
$0.039223
|
$0.074626
|
$0.251880
|
$0.050175
|
$0.050125
|
|
6/14/2024
|
6/28/2024
|
$0.328125
|
$0.328125
|
$0.251880
|
$-
|
$0.076245
|
$0.039223
|
$0.074626
|
$0.251880
|
$0.050175
|
$0.050125
|
|
9/13/2024
|
9/30/2024
|
$0.328125
|
$0.328125
|
$0.251880
|
$-
|
$0.076245
|
$0.039223
|
$0.074626
|
$0.251880
|
$0.050175
|
$0.050125
|
|
12/13/2024
|
12/31/2024
|
$0.328125
|
$0.328125
|
$0.251880
|
$-
|
$0.076245
|
$0.039223
|
$0.074626
|
$0.251880
|
$0.050175
|
$0.050125
|
|
|
$1.312500
|
$1.312500
|
$1.007520
|
$-
|
$0.304980
|
$0.156892
|
$0.298504
|
$1.007520
|
$0.200700
|
$0.200500
|
Series K Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868830
Ticker Symbol:
DLRPRK
The 2024 taxable dividend for Digital Realty Trust, Inc.'s
Series K Cumulative Redeemable Preferred Stock is $1.462500 per share. For tax reporting
purposes, $1.122664 per share (77%)
will be reported on Form 1099-DIV as ordinary income and
$0.339836 per share (23%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f Section
897 Capital
Gain
($ per share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per share)
|
|
3/15/2024
|
3/28/2024
|
$0.365625
|
$0.365625
|
$0.280666
|
$-
|
$0.084959
|
$0.043706
|
$0.083155
|
$0.280666
|
$0.055910
|
$0.055854
|
|
6/14/2024
|
6/28/2024
|
$0.365625
|
$0.365625
|
$0.280666
|
$-
|
$0.084959
|
$0.043706
|
$0.083155
|
$0.280666
|
$0.055910
|
$0.055854
|
|
9/13/2024
|
9/30/2024
|
$0.365625
|
$0.365625
|
$0.280666
|
$-
|
$0.084959
|
$0.043706
|
$0.083155
|
$0.280666
|
$0.055910
|
$0.055854
|
|
12/13/2024
|
12/31/2024
|
$0.365625
|
$0.365625
|
$0.280666
|
$-
|
$0.084959
|
$0.043706
|
$0.083155
|
$0.280666
|
$0.055910
|
$0.055854
|
|
|
$1.462500
|
$1.462500
|
$1.122664
|
$-
|
$0.339836
|
$0.174824
|
$0.332620
|
$1.122664
|
$0.223640
|
$0.223416
|
Series L Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868822
Ticker Symbol:
DLRPRL
The 2024 taxable dividend for Digital Realty Trust, Inc.'s
Series L Cumulative Redeemable Preferred Stock is $1.300000 per share. For tax reporting
purposes, $0.997924 per share (77%)
will be reported on Form 1099-DIV as ordinary income and
$0.302076 per share (23%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
|
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
1b
Qualified
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250
Gain
($ per
share)
|
Box 2f
Section 897
Capital Gain
($ per share)
|
Box 5
Section 199A
Dividend
($ per
share)
|
Section 1061
One-Year
Amounts
Disclosure
($ per share)
|
Section 1061
Three-Year
Amounts
Disclosure
($ per share)
|
|
3/15/2024
|
3/28/2024
|
$0.325000
|
$0.325000
|
$0.249481
|
$-
|
$0.075519
|
$0.038849
|
$0.073915
|
$0.249481
|
$0.049697
|
$0.049648
|
|
6/14/2024
|
6/28/2024
|
$0.325000
|
$0.325000
|
$0.249481
|
$-
|
$0.075519
|
$0.038849
|
$0.073915
|
$0.249481
|
$0.049697
|
$0.049648
|
|
9/13/2024
|
9/30/2024
|
$0.325000
|
$0.325000
|
$0.249481
|
$-
|
$0.075519
|
$0.038849
|
$0.073915
|
$0.249481
|
$0.049697
|
$0.049648
|
|
12/13/2024
|
12/31/2024
|
$0.325000
|
$0.325000
|
$0.249481
|
$-
|
$0.075519
|
$0.038849
|
$0.073915
|
$0.249481
|
$0.049697
|
$0.049648
|
|
|
$1.300000
|
$1.300000
|
$0.997924
|
$-
|
$0.302076
|
$0.155396
|
$0.295660
|
$0.997924
|
$0.198788
|
$0.198592
|
Note that ticker symbols may vary by stock quote
provider.
About Digital Realty
Digital Realty brings companies
and data together by delivering the full spectrum of data center,
colocation and interconnection solutions. PlatformDIGITAL®, the
company's global data center platform, provides customers with a
secure data meeting place and a proven Pervasive Datacenter
Architecture (PDx®) solution methodology for powering innovation
and efficiently managing Data Gravity challenges. Digital Realty
gives its customers access to the connected data communities that
matter to them with a global data center footprint of 300+
facilities in 50+ metros across 25+ countries on six continents. To
learn more about Digital Realty, please visit
digitalrealty.com or follow us on LinkedIn and
X.
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. For a 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. 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.
For Additional Information
Investor
Relations
Jordan Sadler / Jim Huseby
Digital Realty
(415) 275 5344
InvestorRelations@digitalrealty.com
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SOURCE Digital Realty Trust
