Digital Realty Trust, Inc.

DLR
Real Estate
$192.03
2.54%Overvalued

Digital Realty Trust, Inc. (DLR) is a Real Estate company that currently yields 2.54% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $99.14 and the overvaluation threshold at $164.02. Digital Realty Trust, Inc. holds a quality score of 33/100 (Risky), reflecting 14 consecutive years of dividend growth with a 129% payout ratio. The 5-year dividend CAGR stands at 1.7%.

DLR Dividend Yield History — Weiss Valuation

Underval. $99.14Overval. $164.02

Distance to undervalued

Entry price is stretched

Needs 48.4% downside to reach the Weiss buy zone

Undervaluation starts near $99.14, where the annual dividend would imply roughly 4.92% yield. That is 2.38% above today's yield.

Buy-zone price

$99.14

Target yield

4.92%

Research checklist

What to clear before buying the yield

Updated May 25, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

129%

Coverage deserves a closer look in filings.

Cash payout

53%

Free cash flow coverage supports the payment.

Dividend growth

1.7%

Lower growth changes the return trade-off.

What changed

What changed since the last update

2026-05-232026-05-25

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Digital Realty Trust, Inc. is trading near its historical overvaluation band.

Current yield 2.5% vs historical max 7.9% (32% of maximum).

14 consecutive years without a dividend cut.

Elevated payout ratio of 129%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 33/100 quality score says the headline yield needs extra skepticism.

The earnings payout ratio is above 100%, so coverage is the first risk to unpack.

DLR Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$258

Year 10 Income

$385

Yield on Cost

3.96%

Total Income

$3,169

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

DLR Dividend Quality Score

Quality Score

33/ 100

Risky

Payout Ratio0/25
Dividend Streak20/25
Growth (CAGR 5Y)3/20
Yield vs History0/15
FCF Coverage10/15

Key Metrics

Current Price$192.03
Annual Dividend$4.88
Current Yield2.54%
Yield — Max (10Y)7.91%
Yield — Min (10Y)3.17%
Undervalued Below$99.14
Overvalued Above$164.02
Payout Ratio129.44%
CAGR Dividend 5Y1.7%
CAGR Dividend 10Y3.7%
Years No Cut14y

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14
consecutive years of dividend growth