Digital Realty Trust, Inc.
DLRReal Estate · Stock · quarterly payer
Forward Yield
2.63%
Annual Dividend
$4.88
Payout Ratio
238%
5-Yr Growth
1.7%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, Digital Realty Trust, Inc. (DLR) yields 2.63% ($4.88 per share annually), with a blended fair-value estimate of $106.36 — -44% downside, so it screens as overvalued. Dividend safety grade: A (85/100).
Is DLR a good dividend stock?
YesDigital Realty Trust, Inc. (DLR) pays a quarterly dividend yielding 2.63% ($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 (238%)
Key Data
- Dividend Yield
- 2.63%
- Payout Ratio
- 238%
- Annual Dividend
- $4.88
- 5-Yr Avg Growth
- 1.7%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.04
- Market Cap
- $71.2B
- P/E Ratio
- 91.5
- 5-Yr Total Return
- 31%
- 52-Week Range
- $146.23 – $208.14
- Dividend Safety
- A · 85/100
- Ever Cut?
- No
Frequently Asked Questions
DLR Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
+56%
5 Years
+31%
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 $106.36 per share, versus a market price of $188.58. That implies 44% of downside.
Fair Value
$106.36
Current Price
$188.58
Downside
-44%
Margin of Safety
-77%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.5% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $2.06 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $1.2200 | regular |
| Mar 13, 2026 | — | $1.2200 | regular |
| Dec 15, 2025 | — | $1.2200 | regular |
| Sep 15, 2025 | — | $1.2200 | regular |
| Jun 13, 2025 | — | $1.2200 | regular |
| Mar 14, 2025 | — | $1.2200 | regular |
| Dec 13, 2024 | — | $1.2200 | regular |
| Sep 13, 2024 | — | $1.2200 | regular |
| Jun 14, 2024 | — | $1.2200 | regular |
| Mar 14, 2024 | — | $1.2200 | regular |
| Dec 14, 2023 | — | $1.2200 | regular |
| Sep 14, 2023 | — | $1.2200 | regular |
| Jun 14, 2023 | — | $1.2200 | regular |
| Mar 14, 2023 | — | $1.2200 | regular |
Income Calculator
At $4.88 / yr per share
