QTS Declares Fourth Quarter 2020 Common and Preferred Stock Dividends

OVERLAND PARK, Kan., Nov. 5, 2020 /PRNewswire/ -- QTS Realty Trust, Inc. QTS, a leading provider of software-defined and mega scale data center solutions, announced today that its Board of Directors has authorized quarterly cash dividends for common and preferred stock for the fourth quarter of 2020.

Common Stock
QTS' Board of Directors has authorized a cash dividend of $0.47 per share on its common stock for the fourth quarter of 2020. The $0.47 per share dividend is payable on January 7, 2021 to common stockholders of record at the close of business on December 22, 2020.

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 October 15, 2020 and ending on January 14, 2021. The $0.4453125 per share dividend is payable on January 15, 2021 to holders of Series A Preferred Stock of record at the close of business on December 31, 2020, 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 October 15, 2020 and ending on January 14, 2021. The $1.625 per share dividend is payable on January 15, 2021 to holders of Series B Convertible Preferred Stock of record at the close of business on December 31, 2020, which is equivalent to $6.50 per annum per share.

About QTS
QTS Realty Trust, Inc. QTS is a leading provider of data center solutions across a diverse footprint spanning more than 7 million square feet of owned mega scale data center space within North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.

Investor Relations Contact:
Stephen Douglas – EVP Finance
ir@qtsdatacenters.com

Media Contact:
Carter B. Cromley
(703) 861-8245
carter.cromley@qtsdatacenters.com

SOURCE QTS Realty Trust, Inc.