Digital Realty Trust (DLR) Dividend
Digital Realty Trust, Inc. · Real Estate · REIT - Specialty · quarterly payer
As of Nov 5, 2026, Digital Realty Trust (DLR) pays a quarterly dividend of $1.22 per share, or $4.88 a year, a 2.64% yield at its $177.20 share price. It pays every quarter, usually in January, March, June and September. It has a dividend safety grade of A.
Forward Yield
2.64%
Annual Dividend
$4.88
Payout Ratio
206%
5-Yr Growth
1.7%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Key facts about DLR's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Digital Realty Trust, Inc. (DLR) has a forward dividend yield of 2.64%, based on an annual dividend of $4.88 per share and a share price of $177.20.
- As of Nov 5, 2026, DLR's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
- DLR has never cut its regular dividend in the payment history SmarterDividends has on record.
- DLR's most recent ex-dividend date was Sep 15, 2026, for a dividend of $1.22 per share.
- As of Nov 5, 2026, DLR pays out 206% of its trailing 12-month earnings as dividends (its payout ratio).
- DLR's dividend has grown at an average rate of 1.7% a year over the past five years.
- As of Nov 5, 2026, DLR's 2.64% yield is 23% below its five-year average yield of 3.43%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for DLR is $110.82 per share, 37% below the $177.20 share price, so DLR screens as overvalued.
- Digital Realty Trust, Inc. (DLR) pays its dividend quarterly, 4 times a year.
- Digital Realty Trust, Inc. (DLR) has raised its regular dividend 21 times and cut it 0 times across the 88 payments on record since 2004. Its most recent change was a 5.2% increase to $1.22 per share, going ex-dividend on Mar 14, 2022.
Cite this page
SmarterDividends, "DLR Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/DLR
Is DLR a good dividend stock?
YesDigital Realty Trust, Inc. (DLR) pays a quarterly dividend yielding 2.64% ($4.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Elevated payout ratio (206%)
Key Data
- Dividend Yield
- 2.64%
- Payout Ratio
- 206%
- Annual Dividend
- $4.88
- 5-Yr Avg Growth
- 1.7%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.00
- Market Cap
- $66.9B
- P/E Ratio
- 74.8
- 5-Yr Total Return
- 8%
- 52-Week Range
- $146.23 – $208.14
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
DLR dividend raises and cuts
Digital Realty Trust, Inc. (DLR) has raised its regular dividend 21 times and cut it 0 times across the 88 payments on record since 2004. Its most recent change was a 5.2% increase to $1.22 per share, going ex-dividend on Mar 14, 2022.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 14, 2022 | Raise | $1.16 → $1.22 | +5.2% |
| Mar 12, 2021 | Raise | $1.12 → $1.16 | +3.6% |
| Mar 16, 2020 | Raise | $1.08 → $1.12 | +3.7% |
| Mar 14, 2019 | Raise | $1.01 → $1.08 | +6.9% |
| Mar 14, 2018 | Raise | $0.930 → $1.01 | +8.6% |
| Mar 13, 2017 | Raise | $0.880 → $0.930 | +5.7% |
| Mar 11, 2016 | Raise | $0.850 → $0.880 | +3.5% |
| Mar 11, 2015 | Raise | $0.830 → $0.850 | +2.4% |
| Mar 12, 2014 | Raise | $0.780 → $0.830 | +6.4% |
| Mar 13, 2013 | Raise | $0.730 → $0.780 | +6.8% |
| Mar 13, 2012 | Raise | $0.680 → $0.730 | +7.4% |
| Mar 11, 2011 | Raise | $0.530 → $0.680 | +28.3% |
Show all 21 changes since 2005
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 13, 2010 | Raise | $0.480 → $0.530 | +10.4% |
| Mar 11, 2010 | Raise | $0.450 → $0.480 | +6.7% |
| Dec 11, 2009 | Raise | $0.360 → $0.450 | +25.0% |
| Sep 11, 2009 | Raise | $0.330 → $0.360 | +9.1% |
| Dec 11, 2008 | Raise | $0.310 → $0.330 | +6.5% |
| Dec 27, 2007 | Raise | $0.286 → $0.310 | +8.4% |
| Dec 27, 2006 | Raise | $0.265 → $0.286 | +7.9% |
| Dec 28, 2005 | Raise | $0.244 → $0.265 | +8.6% |
| Mar 11, 2005 | Raise | $0.156 → $0.244 | +56.4% |
Frequently Asked Questions
Is DLR a good dividend stock?
Yes. Digital Realty Trust, Inc. (DLR) pays a quarterly dividend yielding 2.64% ($4.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is DLR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DLR's fair value is about $110.82 versus a $177.20 share price — so it looks overvalued (-37% vs. fair value).
Is DLR's dividend safe?
DLR has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is DLR's fair value?
Our blended fair-value estimate for DLR is about $110.82 per share, about 37% below the current $177.20 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DLR a buy, hold, or sell?
We don't issue formal ratings, but on the data DLR screens as "yes" and overvalued. Digital Realty Trust, Inc. (DLR) pays a quarterly dividend yielding 2.64% ($4.88/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will DLR cut its dividend?
DLR earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DLR pay a dividend?
Yes. Digital Realty Trust, Inc. pays a quarterly dividend of about $4.88 per share annually, a forward yield of roughly 2.64%.
How much dividend does 100 shares of DLR pay?
At $4.88 per share a year, 100 shares of DLR pay $488.00 a year in dividends before tax, about $122.00 each quarter. Buying them costs about $17,720 at the Nov 5, 2026 price.
What is DLR's dividend yield?
As of Nov 5, 2026, DLR's forward dividend yield is 2.64%, based on a $4.88 annual dividend and a $177.20 share price.
What is DLR's dividend per share?
As of Nov 5, 2026, DLR pays $4.88 per share per year, distributed on a quarterly basis.
What is DLR's dividend payout ratio?
As of Nov 5, 2026, DLR's payout ratio is 206% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has DLR grown its dividend?
DLR does not currently have a long dividend-growth streak on record.
When is the next DLR ex-dividend date?
As of Nov 5, 2026, DLR's next ex-dividend date hasn't been announced. The most recent was Sep 15, 2026, for $1.22 per share.
DLR Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
+30%
5 Years
+8%
52-Week Range
$146.23 – $208.14
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DLR worth?
Overvaluedlow confidenceOur blended fair-value estimate for Digital Realty Trust, Inc. is $110.82 per share, versus a market price of $177.20. That implies 37% of downside.
Fair Value
$110.82
Current Price
$177.20
Downside
-37%
Margin of Safety
-60%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.4% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $2.37 EPS, $4.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DLR Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full DLR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | Sep 30, 2026 | $1.2200 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $1.2200 | regular |
| Mar 13, 2026 | Mar 31, 2026 | $1.2200 | regular |
| Dec 15, 2025 | Jan 16, 2026 | $1.2200 | regular |
| Sep 15, 2025 | Sep 30, 2025 | $1.2200 | regular |
| Jun 13, 2025 | Jun 30, 2025 | $1.2200 | regular |
| Mar 14, 2025 | Mar 31, 2025 | $1.2200 | regular |
| Dec 13, 2024 | Jan 17, 2025 | $1.2200 | regular |
| Sep 13, 2024 | Sep 30, 2024 | $1.2200 | regular |
| Jun 14, 2024 | Jun 28, 2024 | $1.2200 | regular |
| Mar 14, 2024 | Mar 28, 2024 | $1.2200 | regular |
| Dec 14, 2023 | Jan 19, 2024 | $1.2200 | regular |
| Sep 14, 2023 | Sep 29, 2023 | $1.2200 | regular |
| Jun 14, 2023 | Jun 30, 2023 | $1.2200 | regular |
Income Calculator
At $4.88 / yr per share
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