Digital Realty Trust's Series K Preferred Stock Yield Pushes Past 7%

In trading on Friday, shares of Digital Realty Trust Inc's 5.850% Series K Cumulative Redeemable Preferred Stock (Symbol: DLR.PRK) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.4625), with shares changing hands as low as $20.82 on the day. This compares to an average yield of 8.27% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . As of last close, DLR.PRK was trading at a 16.08% discount to its liquidation preference amount, versus the average discount of 16.32% in the "Real Estate" category. Below is a dividend history chart for DLR.PRK, showing historical dividend payments on Digital Realty Trust Inc's 5.