Equinix pays quarterly dividends to investors

The American company Equinix Inc. (ISIN: US29444U7000, NYSE: EQIX) will pay its shareholders a quarterly dividend of $3.41. Payment will be made on June 21, 2023 (record date is May 24, 2023).

The company is paying out $13.64 per year to shareholders. At the current stock price of $697.63 (as of May 3, 2023), this equates to a current dividend yield of 1.96 percent. In February 2023, the quarterly dividend was increased from $3.10 to $3.41.

Based in Redwood City, California, Equinix provides carrier-agnostic data center and interconnection services to its customers. The company was founded in 1998 by Jay Adelson and Al Avery. Over 240 data centers are operated worldwide. For the first quarter ended March 31, fiscal 2023, the company had revenues of $2 billion (prior year: $1.73 billion) as reported on May 3, 2023. Earnings were $258.79 million (previous year: $147.45 million).

The stock has been up 6.50 percent on Wall Street since the beginning of 2023 (as of May 3, 2023). The market capitalization is currently 65.24 billion US dollars.

Editorial team MyDividends.de

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