Equinix's latest quarterly dividend of $3.41 per share was on Aug 22, 2023 (ex-date). The annualized dividend distribution of $13.33 per share represents a current dividend yield of 1.82%.
Equinix's dividend yield of 1.82% is lower than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 6.85%, Equinix's dividend yield is 73% lower. The current dividend yield is higher than the historical average of 1.7% of the last 5 years.
Equinix has a history of paying dividends since 2014. Our records of EQIX show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 10% since twelve months ago. But with the price of the stock up by 24% from a year ago, the dividend yield has a decrease of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 22, 2023 | Sep 20, 2023 | Aug 2, 2023 | $3.41 | normal |
| May 23, 2023 | Jun 21, 2023 | May 3, 2023 | $3.41 | normal |
| Mar 6, 2023 | Mar 22, 2023 | Feb 15, 2023 | $3.41 | normal |
| Nov 15, 2022 | Dec 14, 2022 | Nov 2, 2022 | $3.1 | normal |
| Aug 16, 2022 | Sep 21, 2022 | Jul 27, 2022 | $3.1 | normal |
| May 17, 2022 | Jun 15, 2022 | Apr 27, 2022 | $3.1 | normal |
| Mar 4, 2022 | Mar 23, 2022 | Feb 16, 2022 | $3.1 | normal |
| Nov 16, 2021 | Dec 15, 2021 | Nov 3, 2021 | $2.87 | normal |
| Aug 17, 2021 | Sep 22, 2021 | Jul 28, 2021 | $2.87 | normal |
| May 18, 2021 | Jun 16, 2021 | Apr 28, 2021 | $2.87 | normal |
| Feb 23, 2021 | Mar 17, 2021 | Feb 10, 2021 | $2.87 | normal |
| Nov 17, 2020 | Dec 9, 2020 | Oct 28, 2020 | $2.66 | normal |
| Aug 18, 2020 | Sep 23, 2020 | Jul 29, 2020 | $2.66 | normal |
| May 19, 2020 | Jun 17, 2020 | May 6, 2020 | $2.66 | normal |
| Feb 25, 2020 | Mar 18, 2020 | Feb 12, 2020 | $2.66 | normal |
| Nov 19, 2019 | Dec 11, 2019 | Oct 30, 2019 | $2.46 | normal |
| Aug 20, 2019 | Sep 18, 2019 | Jul 31, 2019 | $2.46 | normal |
| May 21, 2019 | Jun 19, 2019 | May 1, 2019 | $2.46 | normal |
| Feb 26, 2019 | Mar 20, 2019 | Feb 13, 2019 | $2.46 | normal |
| Nov 13, 2018 | Dec 12, 2018 | Nov 1, 2018 | $2.28 | normal |
| Aug 21, 2018 | Sep 19, 2018 | Aug 8, 2018 | $2.28 | normal |
| May 22, 2018 | Jun 20, 2018 | May 2, 2018 | $2.28 | normal |
| Feb 23, 2018 | Mar 21, 2018 | Feb 14, 2018 | $2.28 | normal |
| Nov 14, 2017 | Dec 13, 2017 | Nov 1, 2017 | $2 | normal |
| Aug 21, 2017 | Sep 20, 2017 | Aug 2, 2017 | $2 | normal |
| May 22, 2017 | Jun 21, 2017 | Apr 26, 2017 | $2 | normal |
| Feb 23, 2017 | Mar 22, 2017 | Feb 15, 2017 | $2 | normal |
| Nov 14, 2016 | Dec 14, 2016 | Nov 2, 2016 | $1.75 | normal |
| Aug 22, 2016 | Sep 14, 2016 | Aug 3, 2016 | $1.75 | normal |
| May 23, 2016 | Jun 15, 2016 | May 4, 2016 | $1.75 | normal |
| Mar 7, 2016 | Mar 23, 2016 | Feb 18, 2016 | $1.75 | normal |
| Dec 7, 2015 | Dec 16, 2015 | Oct 28, 2015 | $1.69 | normal |
| Oct 6, 2015 | Nov 10, 2015 | Sep 28, 2015 | $10.95 | special |
| Aug 24, 2015 | Sep 16, 2015 | Jul 29, 2015 | $1.69 | normal |
Equinix's payout ratio of 153.7% is above the Real Estate sector average but below the industry average. If we compare it with its Real Estate sector average of 127.6%, Equinix's payout ratio is 20% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| VZ Verizon Communications Inc | 7.89% | $2.61 | 52.1% |
| T At&T Inc | 7.43% | $1.11 | N/A |
| EQIX Equinix Inc | 1.85% | $13.33 | 153.7% |
Yes, Equinix has been paying dividends for the last nine years.
At this point we don't have a record of EQIX's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.
Equinix's last dividend ex-date was on Aug 22, 2023. The dividend amount was $3.41 per share.
EQIX's annualized dividend per share is $13.33.
Currently Equinix's dividend yield is 1.82%.
Equinix pays four dividends per year.
Equinix's dividend payout ratio is 153.7%.
Equinix's dividend yield is lower than the Real Estate sector average.