How To Put $100 In Your Retirement Fund Each Month With Digital Realty Stock

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Digital Realty Trust DLR 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 solution methodology for powering innovation and efficiently managing Data Gravity challenges.

It will report its Q4 2024 earnings on Feb. 13, after the market close. Wall Street analysts expect the company to post EPS of $1.70, up from $1.63 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $1.46 billion, up from $1.37 billion a year earlier.

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The 52-week range of Digital Realty stock stock price was $131.42 to $198.

Digital Realty's dividend yield is 2.90%. It paid $4.88 per share in dividends during the last 12 months.

The Latest On Digital Realty

On Oct. 24, the company announced its Q3 2024 earnings, posting FFO of $1.67, beating the consensus estimate of $1.66, and revenues of $1.43 billion, in line with expectations, as reported by Benzinga

Digital Realty generated adjusted EBITDA of $758 million in Q3, representing an 11% increase over the same quarter last year.

Digital Realty raised its 2024 core FFO per share outlook to $6.65 – $6.75.

Check out this article by Benzinga for 9 analysts' insights on Digital Realty Trust.

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How Can You Earn $100 Per Month As A Digital Realty Investor?

If you want to make $100 per month — $1,200 annually — from Digital Realty dividends, your investment value needs to be approximately $41,380, which is 246 shares at $168.07 each. 

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (2.90% in this case). So, $1,200 / 0.029 = $41,380 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

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The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).

In summary, income-focused investors may find Digital Realty stock an attractive option for making a steady income of $100 per month by owning 246 shares of stock. 

Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. SmartAsset’s free tool matches you up with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Looking For Higher-Yield Opportunities In A Shifting Market?

The changing interest rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through dividend stocks… Certain private market real estate investments are giving retail investors the opportunity to capitalize on these high-yield opportunities and Benzinga has identified some of the most attractive options for you to consider

For instance, the Ascent Income Fund from EquityMultiple targets stable income from senior commercial real estate debt positions and has a historical distribution yield of 12.1% backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. First-time investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000. Benzinga Readers: Earn a 1% return boost on your first EquityMultiple investment when you sign up here (accredited investors only).

Don't miss out on this opportunity to take advantage of high-yield investments while rates are high. Check out Benzinga's favorite high-yield offerings. 

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