AUSTIN, Texas, Jan. 24, 2022 /PRNewswire/ -- Digital Realty
(NYSE: DLR), a leading global provider of cloud- and
carrier-neutral data center, colocation and interconnection
solutions, announced today the tax treatment of its 2021 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, 2021 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.
Digital Realty Trust, Inc. Common Stock
Dividends
CUSIP # 253868103
Ticker Symbol:
DLR
Digital Realty's 2021 taxable dividend of $4.808415 per share includes a portion (90%) of
one quarterly distribution declared in 2020 and paid in
January 2021, three quarterly
distributions declared and paid in 2021, and a portion (28%) of one
quarterly distribution declared in 2021 and paid in January 2022. Digital Realty's 2021 taxable
dividend will be reported on Form 1099-DIV as follows:
$0.418485 per share (9%) as ordinary
income and $4.389930 per share (91%)
as capital gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment Dates
(1)
|
Cash
Distribution
($ per share)
(1)
|
Taxable
Dividend
($ per share)
(1)
|
Box 1a Ordinary
Dividend
($ per
share)
|
Box
2a
Long-Term
Capital Gain
($ per
share)
|
Box
2b
Un-Recaptured
Section 1250 Gain
($ per
share)
|
Box 2f Section 897
Capital Gain ($ per share) (2)
|
Box
5
Section 199A
Dividend
($ per share)
(3)
|
Section 1061
One-Year Capital Gain ($ per share) (4)
|
Section 1061
Three-Year Capital Gain ($ per share) (4)
|
12/15/2020
|
01/15/2021
|
$1.120000
|
$1.006288
|
$0.087579
|
$0.918709
|
$0.213184
|
$0.627398
|
$0.087579
|
$0.013632
|
$0.007412
|
03/15/2021
|
03/31/2021
|
$1.160000
|
$1.160000
|
$0.100957
|
$1.059043
|
$0.245748
|
$0.723234
|
$0.100957
|
$0.015714
|
$0.008544
|
06/15/2021
|
06/30/2021
|
$1.160000
|
$1.160000
|
$0.100957
|
$1.059043
|
$0.245748
|
$0.723234
|
$0.100957
|
$0.015714
|
$0.008544
|
09/15/2021
|
09/30/2021
|
$1.160000
|
$1.160000
|
$0.100957
|
$1.059043
|
$0.245748
|
$0.723234
|
$0.100957
|
$0.015714
|
$0.008544
|
12/15/2021
|
01/14/2022
|
$1.160000
|
$0.322127
|
$0.028035
|
$0.294092
|
$0.068243
|
$0.200839
|
$0.028035
|
$0.004364
|
$0.002373
|
|
|
$5.760000
|
$4.808415
|
$0.418485
|
$4.389930
|
$1.018671
|
$2.997939
|
$0.418485
|
$0.065138
|
$0.035417
|
(1)
|
Please note that of
the $1.16 quarterly distribution paid in January 2022, $0.322127 is
included in the 2021 taxable dividend and $0.837873 will be
considered as 2022 reportable dividend for federal income tax
purposes.
|
|
|
(2)
|
Represents section
897 gain attributable to disposition of U.S. real property
interests included in Box 2a Long-Term Capital Gain. Section 897 is
applicable to nonresident alien individuals and foreign
corporations.
|
|
|
(3)
|
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).
|
|
|
(4)
|
For purposes of
Section 1061 of the Internal Revenue Code, Digital Realty is
disclosing two additional capital gain categories. Section
1061 is generally applicable to direct and indirect holders of
"applicable partnership interests." Please consult your tax
advisor with respect to the two additional categories disclosed
herein.
|
Series C Cumulative Redeemable Perpetual Preferred Stock
Dividends
CUSIP # 253868848
Ticker Symbol:
DLRPRC
The 2021 taxable dividend for Digital Realty Trust, Inc.'s
Series C Cumulative Redeemable Perpetual Preferred Stock is
$0.625695 per share. For tax
reporting purposes, $0.054456 per
share (9%) will be reported on Form 1009-DIV as ordinary income and
$0.571239 per share (91%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ 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 2f Section 897
Capital Gain ($ per share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/15/2021
|
03/31/2021
|
$0.414063
|
$0.414063
|
$0.036037
|
$0.378026
|
$0.087720
|
$0.258159
|
$0.036037
|
$0.005609
|
$0.003050
|
05/17/2021
|
05/17/2021
|
$0.211632
|
$0.211632
|
$0.018419
|
$0.193213
|
$0.044835
|
$0.131948
|
$0.018419
|
$0.002867
|
$0.001559
|
|
|
$0.625695
|
$0.625695
|
$0.054456
|
$0.571239
|
$0.132555
|
$0.390107
|
$0.054456
|
$0.008476
|
$0.004609
|
Series J Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868855
Ticker Symbol:
DLRPRJ
The 2021 reportable dividend for Digital Realty Trust, Inc.'s
Series J Cumulative Redeemable Preferred Stock is $1.312500 per share. For tax reporting
purposes, $0.114228 per share (9%)
will be reported on Form 1099-DIV as ordinary income and
$1.198272 per share (91%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ 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 2f Section 897
Capital Gain ($ per share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/15/2021
|
03/31/2021
|
$0.328125
|
$0.328125
|
$0.028557
|
$0.299568
|
$0.069514
|
$0.204579
|
$0.028557
|
$0.004445
|
$0.002417
|
06/15/2021
|
06/30/2021
|
$0.328125
|
$0.328125
|
$0.028557
|
$0.299568
|
$0.069514
|
$0.204579
|
$0.028557
|
$0.004445
|
$0.002417
|
09/15/2021
|
09/30/2021
|
$0.328125
|
$0.328125
|
$0.028557
|
$0.299568
|
$0.069514
|
$0.204579
|
$0.028557
|
$0.004445
|
$0.002417
|
12/15/2021
|
12/31/2021
|
$0.328125
|
$0.328125
|
$0.028557
|
$0.299568
|
$0.069514
|
$0.204579
|
$0.028557
|
$0.004445
|
$0.002417
|
|
|
$1.312500
|
$1.312500
|
$0.114228
|
$1.198272
|
$0.278056
|
$0.818316
|
$0.114228
|
$0.017780
|
$0.009688
|
Series K Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868830
Ticker Symbol:
DLRPRK
The 2021 taxable dividend for Digital Realty Trust, Inc.'s
Series K Cumulative Redeemable Preferred Stock is $1.462500 per share. For tax reporting
purposes, $0.127284 per share (9%)
will be reported on Form 1099-DIV as ordinary income and
$1.335216 per share (91%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ 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 2f Section 897
Capital Gain ($ per share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/15/2021
|
03/31/2021
|
$0.365625
|
$0.365625
|
$0.031821
|
$0.333804
|
$0.077458
|
$0.227959
|
$0.031821
|
$0.004953
|
$0.002693
|
06/15/2021
|
06/30/2021
|
$0.365625
|
$0.365625
|
$0.031821
|
$0.333804
|
$0.077458
|
$0.227959
|
$0.031821
|
$0.004953
|
$0.002693
|
09/15/2021
|
09/30/2021
|
$0.365625
|
$0.365625
|
$0.031821
|
$0.333804
|
$0.077458
|
$0.227959
|
$0.031821
|
$0.004953
|
$0.002693
|
12/15/2021
|
12/31/2021
|
$0.365625
|
$0.365625
|
$0.031821
|
$0.333804
|
$0.077458
|
$0.227959
|
$0.031821
|
$0.004953
|
$0.002693
|
|
|
$1.462500
|
$1.462500
|
$0.127284
|
$1.335216
|
$0.309832
|
$0.911836
|
$0.127284
|
$0.019812
|
$0.010772
|
Series L Cumulative Redeemable Preferred Stock
Dividends
CUSIP # 253868822
Ticker Symbol:
DLRPRL
The 2021 taxable dividend for Digital Realty Trust, Inc.'s
Series L Cumulative Redeemable Preferred Stock is $1.300000 per share. For tax reporting
purposes, $0.113140 per share (9%)
will be reported on Form 1099-DIV as ordinary income and
$1.186860 per share (91%) as capital
gain distribution.
The following table contains this information on a quarterly
basis:
Record
Dates
|
Payment
Dates
|
Cash
Distribution
($ 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 2f Section 897
Capital Gain ($ per share)
|
Box
5
Section 199A
Dividend
($ per
share)
|
Section 1061 One
Year Amounts Disclosure ($ per share)
|
Section 1061 Three
Year Amounts Disclosure ($ per share)
|
03/15/2021
|
03/31/2021
|
$0.325000
|
$0.325000
|
$0.028285
|
$0.296715
|
$0.068852
|
$0.202631
|
$0.028285
|
$0.004403
|
$0.002394
|
06/15/2021
|
06/30/2021
|
$0.325000
|
$0.325000
|
$0.028285
|
$0.296715
|
$0.068852
|
$0.202631
|
$0.028285
|
$0.004403
|
$0.002394
|
09/15/2021
|
09/30/2021
|
$0.325000
|
$0.325000
|
$0.028285
|
$0.296715
|
$0.068852
|
$0.202631
|
$0.028285
|
$0.004403
|
$0.002394
|
12/15/2021
|
12/31/2021
|
$0.325000
|
$0.325000
|
$0.028285
|
$0.296715
|
$0.068852
|
$0.202631
|
$0.028285
|
$0.004403
|
$0.002394
|
|
|
$1.300000
|
$1.300000
|
$0.113140
|
$1.186860
|
$0.275408
|
$0.810524
|
$0.113140
|
$0.017612
|
$0.009576
|
Note that ticker symbols may vary by stock quote provider.
For Additional Information
Andrew P. Power
President & Chief Financial Officer
Digital Realty
+1 (415) 738-6500
Investor Relations
Jim
Huseby
Digital Realty
+1 (415) 738-6500
InvestorRelations@digitalrealty.com
About Digital Realty
Digital Realty supports the
world's leading enterprises and service providers by delivering the
full spectrum of data center, colocation and interconnection
solutions. PlatformDIGITAL®, the company's global data center
platform, provides customers a trusted foundation and proven
Pervasive Datacenter Architecture (PDx™) solution methodology for
scaling digital business and efficiently managing data gravity
challenges. Digital Realty's global data center footprint
gives customers access to the connected communities that matter to
them with over 280 data centers in nearly 50 metros across 25
countries on six continents. 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.
View original
content:https://www.prnewswire.com/news-releases/digital-realty-announces-tax-treatment-of-2021-dividends-301466968.html
SOURCE Digital Realty