CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced a cash dividend of $0.53 per share on common stock and common stock equivalents for the third quarter of 2016. The third-quarter common stock dividend will be paid on October 17, 2016, to shareholders of record on September 30, 2016.
CoreSite also announced a cash dividend of $0.4531 per share of Series A Cumulative Redeemable Preferred Stock. The preferred share dividend will be paid on October 17, 2016, to shareholders of record on September 30, 2016.
About CoreSite
CoreSite Realty Corporation (NYSE:COR)
delivers secure, reliable, high-performance data center and
interconnection solutions to a growing customer ecosystem across eight
key North American markets. More than 900 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. Our
scalable, flexible solutions and 350+ dedicated employees consistently
deliver unmatched data center options — all of which leads to a
best-in-class customer experience and lasting relationships. For more
information, visit www.CoreSite.com.
Forward Looking Statements
This press release may contain
forward-looking statements within the meaning of the federal securities
laws. Forward-looking statements relate to expectations, beliefs,
projections, future plans and strategies, anticipated events or trends
and similar expressions concerning matters that are not historical
facts. In some cases, you can identify forward-looking statements by the
use of forward-looking terminology such as "believes," "expects," "may,"
"will," "should," "seeks," "approximately," "intends," "plans," "pro
forma," "estimates" or "anticipates" or the negative of these words and
phrases or similar words or phrases that are predictions of or indicate
future events or trends and that do not relate solely to historical
matters. Forward-looking statements involve known and unknown risks,
uncertainties, assumptions and contingencies, many of which are beyond
CoreSite's control that may cause actual results to differ significantly
from those expressed in any forward-looking statement. These risks
include, without limitation: any adverse developments in local economic
conditions or the demand for data center space in these markets;
operational difficulties, including difficulties relating to information
systems, internal processes and information security; significant
industry competition; financial market fluctuations; and other factors
affecting the real estate industry generally. All forward-looking
statements reflect CoreSite's good faith beliefs, assumptions and
expectations, but they are not guarantees of future performance.
Furthermore, CoreSite disclaims any obligation to publicly update or
revise any forward-looking statement to reflect changes in underlying
assumptions or factors, of new information, data or methods, future
events or other changes. For a further discussion of these and other
factors that could cause CoreSite's future results to differ materially
from any forward-looking statements, see the section entitled "Risk
Factors" in CoreSite's most recent annual report on Form 10-K, and other
risks described in documents subsequently filed by CoreSite from time to
time with the Securities and Exchange Commission.
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Contacts:
Greer Aviv
Vice President of Investor
Relations and Media/Public Relations
303-405-1012
Greer.Aviv@CoreSite.com