Digital Realty Trust Inc.’s 5.250% Series J Cumulative Redeemable Preferred Stock (DLR.PRJ) yielded above 6.5% during trading on Wednesday, with shares priced as low as $20.19. The quarterly dividend is annualized at $1.3125, while the average yield in the “Real Estate” preferred stock category stands at 8.09%. DLR.PRJ is currently trading at an 18.64% discount to its liquidation preference amount, compared to the average discount of 14.85% in its category.
On Wednesday, DLR.PRJ experienced a decline of approximately 0.5%, in contrast to a 0.1% increase in the common shares (DLR).
