CoreSite Realty Corporation (NYSE: COR) board of directors has authorized a cash dividend of USD 0.90 per share on common stock and common stock equivalents for the second quarter of 2017.
The dividend represents a USD 0.10, or 12.5%, increase over the prior quarterly dividend of USD 0.80 per share. The second-quarter common stock dividend will be paid on July 17, 2017, to shareholders of record on June 30, 2017.
CoreSite´s board of directors also authorized a cash dividend of USD 0.4531 per share of Series A Cumulative Redeemable Preferred Stock. The preferred share dividend will be paid on July 17, 2017, to shareholders of record on June 30, 2017.
CoreSite Realty delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,000 of the world´s enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 400+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships.