Digital Realty Trust Emerges as a Leading Socially Responsible Dividend Stock
Digital Realty Trust Inc (Symbol: DLR) has earned recognition as a Top Socially Responsible Dividend Stock by Dividend Channel. This accolade highlights DLR for its impressive ”DividendRank” statistics, featuring a robust 3.0% yield. Moreover, prominent asset managers describe it as a socially responsible investment based on a thorough analysis of social and environmental criteria.
Understanding the Criteria Behind the Recognition
When evaluating socially responsible investments, analysts consider several factors. Environmental criteria focus on a company’s product impact and its efficiency in using energy and resources. Meanwhile, social criteria involve aspects such as human rights, labor practices, corporate diversity, and broader societal impacts. Activities linked to gambling, tobacco, alcohol, and weapons are also scrutinized.
Significant Holdings in the ESG Space
Digital Realty Trust is notably a key component of the iShares USA ESG Select ETF (SUSA), representing 33.18% of the fund’s underlying assets. This fund holds DLR shares valued at $1,578,394,431, reflecting the company’s prominent position in the ESG investment community.
Consistency in Dividends
Currently, Digital Realty Trust Inc pays an annualized dividend of $4.88 per share, distributed quarterly. The most recent dividend ex-date was September 13, 2024. Understanding a company’s long-term dividend history is important for investors assessing the sustainability of recent dividend payments, as evidenced in the DividendRank report.
DLR in the Competitive REIT Sector
Digital Realty Trust operates within the REITs sector alongside major players like Prologis Inc (PLD) and American Tower Corp (AMT). This competitive landscape underscores the company’s ongoing efforts to uphold socially responsible investment standards while delivering reliable returns.
Explore the Top 25 Socially Responsible Dividend Stocks for Sustainable Income »
Additional Resources
• Investment Brokerages Dividend Stocks
• CFSB shares outstanding history
• Dime Community Bancshares Historical PE Ratio
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
