SAN FRANCISCO, Jan. 28, 2020 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data
center, colocation and interconnection solutions, announced today
the tax treatment of its 2019 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, 2019 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.
Common Stock Dividends
CUSIP #
253868103
Ticker Symbol: DLR
The 2019 distributions of $5.330000 per share include one quarterly
distribution declared in 2018 and paid in January 2019, three quarterly distributions
declared and paid in 2019, and a portion (79%) of one quarterly
distribution declared in 2019 and paid in January 2020. 2019 distributions will be
reported on Form 1099-DIV as follows: $4.241262 per share (83%) as ordinary income and
$0.856676 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box 1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain ($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend (1)
($ per
share)
|
12/14/2018
|
01/15/2019
|
$1.010000
|
$1.010000
|
$0.840276
|
$0.169724
|
$0.023336
|
$0.840276
|
03/15/2019
|
03/29/2019
|
$1.080000
|
$1.080000
|
$0.898513
|
$0.181487
|
$0.024954
|
$0.898513
|
06/14/2019
|
06/28/2019
|
$1.080000
|
$1.080000
|
$0.898513
|
$0.181487
|
$0.024954
|
$0.898513
|
09/13/2019
|
09/30/2019
|
$1.080000
|
$1.080000
|
$0.898513
|
$0.181487
|
$0.024954
|
$0.898513
|
12/13/2019
|
01/15/2020
|
$1.080000
|
$0.847938
|
$0.705447
|
$0.142491
|
$0.019592
|
$0.705447
|
|
|
$5.330000
|
$5.097938
|
$4.241262
|
$0.856676
|
$0.117790
|
$4.241262
|
|
|
(1)
|
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 (Box 5 of the Form 1099-DIV). Please note
that of the $1.08 quarterly distribution paid in January 2020,
$0.847938 is included in the 2019 taxable dividend and $0.232062
will be considered as 2020 reportable dividend for federal income
tax purposes.
|
Series C Cumulative Redeemable Perpetual Preferred Stock
Dividends
CUSIP # 253868848
Ticker Symbol:
DLRPRC
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series C Cumulative Redeemable Perpetual Preferred Stock is
$1.656252 per share. For tax
reporting purposes, $1.377928 per
share (83%) will be reported on Form 1009-DIV as ordinary income
and $0.278324 per share (17%) as
capital gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
03/15/2019
|
03/29/2019
|
$0.414063
|
$0.414063
|
$0.344482
|
$0.069581
|
$0.009567
|
$0.344482
|
06/14/2019
|
06/28/2019
|
$0.414063
|
$0.414063
|
$0.344482
|
$0.069581
|
$0.009567
|
$0.344482
|
09/13/2019
|
09/30/2019
|
$0.414063
|
$0.414063
|
$0.344482
|
$0.069581
|
$0.009567
|
$0.344482
|
12/13/2019
|
12/31/2019
|
$0.414063
|
$0.414063
|
$0.344482
|
$0.069581
|
$0.009567
|
$0.344482
|
|
|
$1.656252
|
$1.656252
|
$1.377928
|
$0.278324
|
$0.038268
|
$1.377928
|
Series G Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868889
Ticker Symbol:
DLRPRG
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series G Cumulative Redeemable Preferred Stock is $1.468752 per share. For tax reporting
purposes, $1.221936 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.246816 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
03/15/2019
|
03/29/2019
|
$0.367188
|
$0.367188
|
$0.305484
|
$0.061704
|
$0.008484
|
$0.305484
|
06/14/2019
|
06/28/2019
|
$0.367188
|
$0.367188
|
$0.305484
|
$0.061704
|
$0.008484
|
$0.305484
|
09/13/2019
|
09/30/2019
|
$0.367188
|
$0.367188
|
$0.305484
|
$0.061704
|
$0.008484
|
$0.305484
|
12/13/2019
|
12/31/2019
|
$0.367188
|
$0.367188
|
$0.305484
|
$0.061704
|
$0.008484
|
$0.305484
|
|
|
$1.468752
|
$1.468752
|
$1.221936
|
$0.246816
|
$0.033936
|
$1.221936
|
Series H Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868871
Ticker Symbol:
DLRPRH
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series H Cumulative Redeemable Preferred Stock is $0.460938 per share. For tax reporting
purposes, $0.383480 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.077458 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box5
Section 199A
Dividend
($ per
share)
|
03/15/2019
|
03/29/2019
|
$0.460938
|
$0.460938
|
$0.383480
|
$0.077458
|
$0.010650
|
$0.383480
|
|
|
$0.460938
|
$0.460938
|
$0.383480
|
$0.077458
|
$0.010650
|
$0.383480
|
Series I Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868863
Ticker Symbol:
DLRPRI
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series I Cumulative Redeemable Preferred Stock is $1.587500 per share. For tax reporting
purposes, $1.320732 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.266768 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section
199A
Dividend
($ per
share)
|
03/15/2019
|
03/29/2019
|
$0.396875
|
$0.396875
|
$0.330183
|
$0.066692
|
$0.009170
|
$0.330183
|
06/14/2019
|
06/28/2019
|
$0.396875
|
$0.396875
|
$0.330183
|
$0.066692
|
$0.009170
|
$0.330183
|
09/13/2019
|
09/30/2019
|
$0.396875
|
$0.396875
|
$0.330183
|
$0.066692
|
$0.009170
|
$0.330183
|
12/13/2019
|
12/31/2019
|
$0.396875
|
$0.396875
|
$0.330183
|
$0.066692
|
$0.009170
|
$0.330183
|
|
|
$1.587500
|
$1.587500
|
$1.320732
|
$0.266768
|
$0.036680
|
$1.320732
|
Series J Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol:
DLRPRJ
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $1.091944 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.220556 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
03/15/2019
|
03/29/2019
|
$0.328125
|
$0.328125
|
$0.272986
|
$0.055139
|
$0.007582
|
$0.272986
|
06/14/2019
|
06/28/2019
|
$0.328125
|
$0.328125
|
$0.272986
|
$0.055139
|
$0.007582
|
$0.272986
|
09/13/2019
|
09/30/2019
|
$0.328125
|
$0.328125
|
$0.272986
|
$0.055139
|
$0.007582
|
$0.272986
|
12/13/2019
|
12/31/2019
|
$0.328125
|
$0.328125
|
$0.272986
|
$0.055139
|
$0.007582
|
$0.272986
|
|
|
$1.312500
|
$1.312500
|
$1.091944
|
$0.220556
|
$0.030328
|
$1.091944
|
Series K Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868830
Ticker Symbol:
DLRPRK
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series K Cumulative Redeemable Preferred Stock is $1.170000 per share. For tax reporting
purposes, $0.973389 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.196611 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
06/14/2019
|
06/28/2019
|
$0.438750
|
$0.438750
|
$0.365021
|
$0.073729
|
$0.010138
|
$0.365021
|
09/13/2019
|
09/30/2019
|
$0.365625
|
$0.365625
|
$0.304184
|
$0.061441
|
$0.008448
|
$0.304184
|
12/13/2019
|
12/31/2019
|
$0.365625
|
$0.365625
|
$0.304184
|
$0.061441
|
$0.008448
|
$0.304184
|
|
|
$1.170000
|
$1.170000
|
$0.973389
|
$0.196611
|
$0.027034
|
$0.973389
|
Series L Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868822
Ticker Symbol:
DLRPRL
The 2019 reportable dividend for Digital Realty Trust, Inc.'s
Series L Cumulative Redeemable Preferred Stock is $0.292500 per share. For tax reporting
purposes, $0.243347 per share (83%)
will be reported on Form 1099-DIV as ordinary income and
$0.049153 per share (17%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ per
share)
|
Taxable
Dividend
($ per
share)
|
Box
1a
Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Unrecaptured
Section 1250 Gain
($ per
share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
12/13/2019
|
12/31/2019
|
$0.292500
|
$0.292500
|
$0.243347
|
$0.049153
|
$0.006758
|
$0.243347
|
|
|
$0.292500
|
$0.292500
|
$0.243347
|
$0.049153
|
$0.006758
|
$0.243347
|
Note that ticker symbols may vary by stock quote
provider.
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Investor Relations
John J.
Stewart
Digital Realty
(415) 738-6500
investorrelations@digitalrealty.com
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of customers
across the Americas, EMEA and APAC, ranging from cloud and
information technology services, communications and social
networking to financial services, manufacturing, energy, healthcare
and consumer products. To learn more about Digital Realty,
please visit digitalrealty.com or follow us on LinkedIn and
Twitter.
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.
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SOURCE Digital Realty