Movement Alert|Digital Realty Trust Inc Rises 3.13% in Regular Trading, Data Center Sector Rallies as Stable Dividend Reinforces Confidence

Market Focus
Aug 13

On August 13, Digital Realty Trust Inc rose 3.13% in regular trading, trading at $196.765 per share, with turnover of $135 million. The gain came amid a broad rally in the data center sector, with peer Equinix rising 3.14% during the same session.

On the news front, the company announced on August 12 that its board authorized a quarterly cash dividend of $1.22 per share for Q3, payable September 30 to shareholders of record as of September 15. The unchanged payout underscores Digital Realty's steady distribution capability and helped reinforce investor confidence. Meanwhile, the broader data center REIT space benefited from continued positive sentiment following the company's strong Q2 results reported in late July, which showed core FFO of $2.65 per share versus the $1.98 consensus estimate, and revenue of $1.92 billion against the $1.66 billion expectation. The company also raised its full-year core FFO guidance to $8.15-$8.20 per share, above analyst estimates.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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