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Digital Realty Announces Tax Treatment of 2024 Dividends

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DALLAS, Jan. 21, 2025 /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 2024 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, 2024 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 2024 taxable dividend of $4.495471 per share includes a portion (68%) of one quarterly distribution declared in 2023 and paid in January 2024, and three quarterly distributions declared and paid in 2024. Digital Realty’s 2024 taxable dividend will be reported on Form 1099-DIV as follows:  $3.450878 per share (77%) as ordinary income and $1.044593 per share (23%) 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 1b
Qualified
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)

12/15/2023

1/19/2024

$1.220000

$0.835471

$0.641336

$-

$0.194135

$0.099870

$0.190012

$0.641336

$0.127756

$0.127629

3/15/2024

3/28/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370

6/14/2024

6/28/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370

9/13/2024

9/30/2024

$1.220000

$1.220000

$0.936514

$-

$0.283486

$0.145835

$0.277465

$0.936514

$0.186556

$0.186370

$4.880000

$4.495471

$3.450878

$-

$1.044593

$0.537375

$1.022407

$3.450878

$0.687424

$0.686739

(1)

Please note that of the $1.22 quarterly distribution paid in January 2024, $0.384529 was included in the 2023 taxable dividend and $0.835471 is included in the 2024 taxable dividend for federal income tax purposes. The $1.22 quarterly cash distribution declared in the fourth quarter of 2024 and paid in January 2025 will be treated as a 2025 distribution for federal income tax purposes. It will not be included on the 2024 Form 1099-DIV and will be reported on your 2025 Form 1099-DIV.

(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. 

(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 J Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868855
Ticker Symbol: DLRPRJ

The 2024 taxable dividend for Digital Realty Trust, Inc.’s Series J Cumulative Redeemable Preferred Stock is $1.312500 per share.  For tax reporting purposes, $1.007520 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.304980 per share (23%) 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 1b

Qualified
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)

3/15/2024

3/28/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

6/14/2024

6/28/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

9/13/2024

9/30/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

12/13/2024

12/31/2024

$0.328125

$0.328125

$0.251880

$-

$0.076245

$0.039223

$0.074626

$0.251880

$0.050175

$0.050125

$1.312500

$1.312500

$1.007520

$-

$0.304980

$0.156892

$0.298504

$1.007520

$0.200700

$0.200500

Series K Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868830
Ticker Symbol: DLRPRK

The 2024 taxable dividend for Digital Realty Trust, Inc.’s Series K Cumulative Redeemable Preferred Stock is $1.462500 per share.  For tax reporting purposes, $1.122664 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.339836 per share (23%) 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 1b

Qualified
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)

3/15/2024

3/28/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

6/14/2024

6/28/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

9/13/2024

9/30/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

12/13/2024

12/31/2024

$0.365625

$0.365625

$0.280666

$-

$0.084959

$0.043706

$0.083155

$0.280666

$0.055910

$0.055854

$1.462500

$1.462500

$1.122664

$-

$0.339836

$0.174824

$0.332620

$1.122664

$0.223640

$0.223416

Series L Cumulative Redeemable Preferred Stock Dividends
CUSIP # 253868822
Ticker Symbol: DLRPRL

The 2024 taxable dividend for Digital Realty Trust, Inc.’s Series L Cumulative Redeemable Preferred Stock is $1.300000 per share.  For tax reporting purposes, $0.997924 per share (77%) will be reported on Form 1099-DIV as ordinary income and $0.302076 per share (23%) 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 1b

Qualified
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)

3/15/2024

3/28/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

6/14/2024

6/28/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

9/13/2024

9/30/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

12/13/2024

12/31/2024

$0.325000

$0.325000

$0.249481

$-

$0.075519

$0.038849

$0.073915

$0.249481

$0.049697

$0.049648

$1.300000

$1.300000

$0.997924

$-

$0.302076

$0.155396

$0.295660

$0.997924

$0.198788

$0.198592

Note that ticker symbols may vary by stock quote provider. 

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

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. 

For Additional Information

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
(415) 275 5344
InvestorRelations@digitalrealty.com

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

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SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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