Notable News to Watch: QTS Realty Trust (NYSE:QTS)

QTS Realty Trust (NYSE:QTS) stock observed trading -3.39% off 52-week high price. On the other end, the stock has been noted 32.86% away from low price over the last 52-weeks. The stock disclosed a move of 0.01% away from 50 day moving average and 6.52% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.76% off 20-day moving average. It has market cap of $2519.63M and dividend yield of 3.87%.

On Aug. 5, 2019, QTS Realty Trust (NYSE:QTS) a leading provider of software-defined and mega scale data center solutions, disclosed  that its Board of Directors has authorized quarterly cash dividends for common and preferred stock for the third quarter of 2019.

Common Stock

QTS’ Board of Directors has authorized a cash dividend of $0.44 per share on its common stock for the third quarter of 2019. The $0.44 per share dividend is payable on October 4, 2019 to common stockholders of record at the close of business on September 19, 2019.

Series A Preferred Stock

QTS’ Board of Directors has authorized a cash dividend of $0.4453125 per share on its 7.125% Series A Cumulative Redeemable Perpetual Preferred Stock (the Series A Preferred Stock) for the period from and including July 15, 2019and ending on October 14, 2019. The $0.4453125 per share dividend is payable on October 15, 2019 to holders of Series A Preferred Stock of record at the close of business on September 30, 2019, which is equivalent to $1.78125 per annum per share.

Series B Convertible Preferred Stock

QTS’ Board of Directors has authorized a cash dividend of $1.625 per share on its 6.50% Series B Cumulative Convertible Perpetual Preferred Stock (the Series B Convertible Preferred Stock) for the period from and including July 15, 2019 and ending on October 14, 2019. The $1.625 per share dividend is payable on October 15, 2019 to holders of Series B Convertible Preferred Stock of record at the close of business on September 30, 2019, which is equivalent to $6.50 per annum per share. The USA based company QTS Realty Trust moved with change of -0.96% to $45.53 with the total traded volume of 375936 shares in recent session versus to an average volume of 419.17K. The stock was observed in the 5 days activity at 5.20%. The one month performance of stock was -0.63%. QTS’s shares are at 1.56% for the quarter and driving a 4.45% return over the course of the past year and is now at 22.89% since this point in 2018.  Right now the stock beta is 0.61. The average volatility for the week and month was at 2.67% and 2.30% respectively. There are 55.34M shares outstanding and 54.36M shares are floated in market.

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