WASHINGTON, Dec. 2, 2014 /PRNewswire/ — DuPont Fabros Technology, Inc. (NYSE:DFT, news, filings) today announced that the Company’s Board of Directors has declared cash dividends on shares of both its common and preferred stock for the fourth quarter of 2014. The following have been declared:
- The Company will pay a $0.42 per common share dividend on January 15, 2015, an increase of 20 percent from the previous quarter, to shareholders of record as of December 30, 2014. This is the fifth increase in the last 11 quarters.
- The Company will pay a $0.4921875 per share dividend on the 7.875% Series A Cumulative Redeemable Perpetual Preferred Stock for the period from October 16, 2014 to January 15, 2015. The dividend will be payable on January 15, 2015 to shareholders of record as of December 30, 2014; and
- The Company will pay a $0.4765625 per share dividend on the 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock for the period from October 16, 2014 to January 15, 2015. The dividend will be payable on January 15, 2014 to shareholders of record as of December 30, 2014.
About DuPont Fabros Technology, Inc.
DuPont Fabros Technology Inc. (NYSE: DFT) is a leading owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenanted wholesale data centers. The Company’s facilities are designed to offer highly specialized, efficient and safe computing environments in a low-cost operating model. The Company’s customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Company’s 11 data centers are located in four major U.S. markets, which total 2.75 million gross square feet and 240 megawatts of available critical load to power the servers and computing equipment of its customers. DuPont Fabros Technology is a real estate investment trust (REIT) headquartered in Washington, D.C. For more information, please visit www.dft.com.
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SOURCE DuPont Fabros Technology, Inc.