As the market remains elusive for some, growth is in the horizon for CoreSite Realty. According to a past article by streetinsider, "CoreSite Realty (NYSE: COR) declared a quarterly dividend of $0.42 per share, or $1.68 annualized." The data provided by streetinsider also showed that the dividend will be payable on October 15, 2015, to stockholders of record on Sept. 30, 2015, with an ex-dividend date of Sept. 28, 2015 and the annual yield on the dividend is 3.5 percent.
The company is among the stabilized in terms of growth and yields. CoreSite Realty Corporation COR, -1.50 percent is a premier provider of secure, reliable, high-performance data center solutions across the US as stated in a statement by marketwatch. CoreSite's Board of Directors also declared a cash dividend of $0.4531 per share of Series A Cumulative Redeemable Preferred Stock. While other stocks are plunging, the company hanged on and attained yields.
It appears that the company is reaping a raise in terms of dividends it has received for this quarter. It seems fitting since the company has been around for many years. According to a description by marketwatch, "More than 800 of the world's leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads."
The company has promoted their scalable, and flexible solutions as well as more than 350 committed employees that persistently deliver unmatched data center resources. The company has enjoyed this growth and yield due to their commitment for excellence. The company provides the best-in-class customer experience and lasting relationships as well as further conveyed by marketwatch. Although more things are expected to serve as a hurdle for the company, the dedicated company aims on overcoming and surpassing them all.
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