SAN FRANCISCO, Jan. 25 /PRNewswire-FirstCall/ -- Digital Realty Trust today announced the tax treatment of its 2007 common and preferred stock dividends. Shareholders are urged to consult with their personal tax advisors as to their specific tax treatment of Digital Realty Trust's distributions.
Digital Realty Trust, Inc. Common Stock Dividends CUSIP # 253868103 Ticker Symbol: DLR
During 2007 the reportable dividend totaling $1.14500 per share is classified for income tax purposes as follows: $0.891840 per share (77.89%) as ordinary taxable income; $0.253160 per share (22.11%) as return of capital on 2007 Form 1099-DIV. The following table contains this information on a quarterly basis.
2007 Ordinary 2007 Return Cash Taxable of Declaration Record Payment Dividend Dividend Capital Date* Date Date ($ per share) ($ per share) ($ per share) 10/31/2006 12/29/2006 01/15/2007 $0.286250 $0.222960 $0.063290 02/15/2007 03/15/2007 04/02/2007 $0.286250 $0.222960 $0.063290 05/02/2007 06/15/2007 07/02/2007 $0.286250 $0.222960 $0.063290 08/01/2007 09/17/2007 10/01/2007 $0.286250 $0.222960 $0.063290 2007 Totals $1.145000 $0.891840 $0.253160 * For the common dividend declared on November 1, 2007 and paid on January 14, 2008, $0.31000 is considered a reportable dividend for 2008 income tax purposes. Digital Realty Trust, Inc. Preferred Stock Dividends Series A Cumulative Redeemable Preferred Stock Dividends CUSIP # 253868202 Ticker Symbol: DLR-PA
During 2007 reportable dividends for Digital Realty's Series A Cumulative Redeemable Preferred stock were $2.125000 per share. For tax reporting purposes, $2.125000 (100%) of the 2007 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.
2007 Ordinary Percentage Declaration Record Payment Cash Taxable 2007 Ordinary Date Date Date Dividend Dividend Taxable ($ per share)($ per share) Dividend 02/15/2007 03/15/2007 04/02/2007 $0.531250 $0.531250 100.00 % 05/02/2007 06/15/2007 07/02/2007 $0.531250 $0.531250 100.00 % 08/01/2007 09/17/2007 10/01/2007 $0.531250 $0.531250 100.00 % 11/01/2007 12/17/2007 12/31/2007 $0.531250 $0.531250 100.00 % 2007 Totals $2.125000 $2.125000 100.00 % Series B Cumulative Redeemable Preferred Stock Dividends CUSIP # 253868301 Ticker Symbol: DLR-PB
During 2007 reportable dividends for Digital Realty's Series B Cumulative Redeemable Preferred stock were $1.968752 per share. For tax reporting purposes, $1.968752 (100%) of the 2007 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.
2007 Ordinary Percentage Declaration Record Payment Cash Taxable 2007 Ordinary Date Date Date Dividend Dividend Taxable ($ per share)($ per share) Dividend 02/15/2007 03/15/2007 04/02/2007 $0.492188 $0.492188 100.00 % 05/02/2007 06/15/2007 07/02/2007 $0.492188 $0.492188 100.00 % 08/01/2007 09/17/2007 10/01/2007 $0.492188 $0.492188 100.00 % 11/01/2007 12/17/2007 12/31/2007 $0.492188 $0.492188 100.00 % 2007 Totals $1.968752 $1.968752 100.00 % Series C Cumulative Convertible Preferred Stock Dividends CUSIP # 253868509 Ticker Symbol: DLR-PC
During 2007 reportable dividends for Digital Realty's Series C Cumulative Convertible Preferred stock were $0.792970 per share. For tax reporting purposes, $0.792970 (100%) of the 2007 reportable dividend will be classified as ordinary taxable income. The following table contains this information on a quarterly basis.
2007 Ordinary Percentage Declaration Record Payment Cash Taxable 2007 Ordinary Date* Date Date Dividend Dividend Taxable ($ per share)($ per share) Dividend 05/02/2007 06/15/2007 07/02/207 $0.246094 $0.246094 100.00 % 08/01/2007 09/17/207 10/01/2007 $0.273438 $0.273438 100.00 % 11/01/2007 12/17/2007 12/31/2007 $0.273438 $0.273438 100.00 % 2007 Totals $0.792970 $0.792970 100.00 % * The Series C Cumulative Convertible Preferred Stock Dividend declared on May 2, 2007 represents a pro rata distribution covering the April 10, 2007 to June 30, 2007 period. About Digital Realty Trust, Inc.
Digital Realty Trust, Inc. owns, acquires, redevelops, develops and manages technology-related real estate. The Company is focused on providing Turn-Key Datacenter(TM) and Powered Base Building(TM) datacenter solutions for domestic and international tenants across a variety of industry verticals ranging from information technology and internet enterprises, to manufacturing and financial services. Digital Realty Trust's 70 properties, excluding one property held as an investment in an unconsolidated joint venture, contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter tenants. Comprising approximately 12.3 million rentable square feet, including 1.9 million square feet of space held for redevelopment, Digital Realty Trust's portfolio is located in 26 markets throughout North America and Europe. For additional information, please visit Digital Realty Trust's website at http://www.digitalrealtytrust.com/.
Safe Harbor Statement
This press release contains forward-looking statements, including related to the payment of dividends, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include adverse economic or real estate developments in the Company's markets or the technology industry; general economic conditions; defaults on or non-renewal of leases by tenants; increased interest rates and operating costs; inability to manage growth effectively; failure to obtain necessary outside financing; decreased rental rates or increased vacancy rates; difficulties in identifying properties to acquire and completing acquisitions; failure to successfully operate acquired properties and operations, failure of acquired properties to perform as expected; failure to maintain the company's status as a REIT; environmental uncertainties and risks related to natural disasters; financial market fluctuations; changes in foreign currency exchange rates; and changes in real estate and zoning laws and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the Company with the Securities and Exchange Commission, including the Company's annual report on Form 10-K for the year ended December 31, 2006. 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: A. William Stein Pamela A. Matthews Chief Financial Officer and Investor/Analyst Information Chief Investment Officer Digital Realty Trust, Inc. Digital Realty Trust, Inc. (415) 738-6500 (415) 738-6500
