CoreSite Realty, a provider of data center and interconnection solutions, said Tuesday that its board has authorized a cash dividend of $0.90 per share on common stock and common stock equivalents for Q2.
The new quarterly dividend represents a $0.10, or 12.5%, increase over the prior quarterly dividend of $0.80 per share. It will be paid on July 17, to shareholders of record on June 30. CoreSite’s board also authorized a cash dividend of $0.4531 per share of series A cumulative redeemable preferred stock. The preferred share dividend will be paid on July 17, to shareholders of record on June 30.