CoreSite Keeps Dividend Steady

Data center provider CoreSite Realty (NYSE: COR  ) today announced plans to keep its dividend steady this quarter at $0.27 per share of common stock.

This is the same amount the company has paid since January, after raising its payout 50% from $0.18 per share. CoreSite has recorded a quarterly company dividend since December 2010.

The latest CoreSite dividend will be payable on Oct. 15 to shareholders of record as of Sept. 30. On an annualized basis, the company's payout adds up to $1.08. As of the market's close on Aug. 29, CoreSite stock was trading at $30.78, which means the company's dividend currently yields 3.5%.

COR Dividend Chart

COR Dividend data by YCharts.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2617500, ~/Articles/ArticleHandler.aspx, 5/29/2016 1:47:31 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 17,873.22 44.93 0.25%
S&P 500 2,099.06 8.96 0.43%
NASD 4,933.51 31.74 0.65%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/27/2016 4:02 PM
COR $76.00 Up +0.97 +1.29%