There is an abundance of data that comes from our devices. REITs that own properties used to store this data-like Digital Realty (NYSE:DLR)-have benefited tremendously from our love of the Internet.
The stock rose 33% in the past one year alone, not including dividends.
Even better, Digital Realty has raised its dividend for 11 years in a row, each and every year since its 2004 initial public offering.
This makes it a Dividend Achiever, a group of 272 stocks with 10+ years of consecutive dividend increases.
You can see the full Dividend Achievers List here.
Digital Realty last increased its dividend on February 17, 2016.
The company is set to announce fourth-quarter and full-year financial results on February 16 this year. It is likely to announce a dividend increase at that time as well.
This article will analyze Digital Realty's financial performance since the last dividend raise, and what investors should expect for the 2017 dividend increase.