DLR-P-J Preferred Stock — Digital Realty Trust 5.25% Ser J Cumulative Redeemable Preferred

Digital Realty Trust 5.25% Ser J Cumulative Redeemable Preferred (DLR-P-J)

DLR-P-J is a Preferred Stock. its trailing-12-month yield is 7.02%. Dividend Vision Distribution Safety Score™ is 85/100 (Safe). Total return is 32.5% over the past 9.1 years, 222.6 points behind SPY at 255.1%.

Digital Realty Trust is a real estate investment trust that owns and operates data center properties globally, including colocation facilities and powered buildings across six continents. This Series J preferred stock is designed to provide regular income through its preferred equity structure. The distribution frequency and current yield are not publicly available, though the security carries a fixed cumulative rate set by the issuer.

DLR-P-J performance versus SPY

Price and return data through 2026-09-18.

Total return is 32.5% over the past 9.1 years, 222.6 points behind SPY at 255.1%. Over the past year its total return — price change plus distributions reinvested — is -12.5%. Its deepest 1-year drawdown was 15.0%.

DLR-P-J key facts

Distribution Safety Score™

85 · Safe

Safety-Adjusted Yield

5.97%

Issuer

Digital Realty

Asset type

Preferred Stock

Asset class

Equity

Distribution frequency

Monthly

Trailing yield

7.02%

Last close

$18.71 (as of 2026-09-21)

Market cap

$21,800,062,976

Average volume

35077.0

Last ex-dividend date

09/15/2026

Next payment date

09/30/2026

Beta

1.037

Payout ratio

0.0

P/E ratio

3.8746

Forward P/E

0.0

EPS

$4.83

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (7.02%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Digital Realty or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DLR-P-J risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.0%.

Who may consider DLR-P-J — and who may not

DLR-P-J may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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