Data as of the October 19, 2026 close. Every figure on this page is checked against at least two independent sources, or two separate SEC filings, before it is published. How we verify data.
Equinix (EQIX) and Digital Realty Trust (DLR) are both data center REITs, with Equinix classed as Colocation & Interconnection and Digital Realty Trust as Hyperscale & Colocation. Here is how they compare on verified numbers as of the October 19, 2026 close, from dividends and debt to rate sensitivity and returns this year.
| Measure | Equinix (EQIX) | Digital Realty Trust (DLR) |
|---|---|---|
| Share price | $975.71 | $173.00 |
| Market cap | $96.3B | $60.8B |
| Dividend yield | 2.12% | 2.82% |
| Annual dividend per share | $20.64 | $4.88 |
| Pays | Quarterly | Quarterly |
| Consecutive years of dividend increases | 9 | 0 |
| Dividend increase in 2026 (confirmed in filings) | +10.0% | No increase |
| Liabilities to assets | 64.9% (June 30) | 45.8% (June 30) |
| Revenue growth, latest quarter vs a year earlier | +16.4% | +28.9% |
| Price change year to date | +27.4% | +11.8% |
| Price change since Sept. 15 | -3.1% | -3.5% |
| 52-week range (closing) | $726.09 to $1,115.94 | $147.93 to $203.91 |
| Typical move per 0.25-point rise in the 10-year yield | -2.8% | -2.3% |
| REIT Rankings grade | B 84 | B 78 |
| Third-quarter 2026 results | Not yet filed; page updates when it is | Not yet filed; page updates when it is |
Who Leads on Each Measure
| Measure | Leader |
|---|---|
| Higher dividend yield | Digital Realty Trust |
| Longer dividend growth streak | Equinix |
| Lower leverage | Digital Realty Trust |
| Less sensitive to rising rates | Digital Realty Trust |
| Better price change this year | Equinix |
| Higher REIT Rankings grade | Equinix |
Where They Differ
Digital Realty Trust pays the higher yield, 2.82% against 2.12% for Equinix. Equinix has the longer record of raising its dividend, 9 straight years against 0. Equinix carries more leverage, with liabilities equal to 64.9% of assets against 45.8%. Over the past year Equinix has been more sensitive to Treasury yields, typically moving -2.8% for each 0.25-point rise in the 10-year yield against -2.3% for Digital Realty Trust. This year Equinix shares have moved +27.4% and Digital Realty Trust shares +11.8%.
Read the full profiles for portfolio, tenant and balance sheet detail: Equinix and Digital Realty Trust.
How These Numbers Are Checked
Prices, returns and 52-week ranges are computed separately from Nasdaq and Cboe records and must agree. Dividend rates are checked against the per-share dividends in each company’s latest 10-Q, growth streaks against their 10-K filings, and leverage and revenue come from the balance sheets and income statements filed with the SEC. Third-quarter results replace the latest-quarter figures as soon as each company files. How we verify data.
Frequently Asked Questions
Which pays a higher dividend, EQIX or DLR?
Equinix yields 2.12% and pays $20.64 a share a year (quarterly); Digital Realty Trust yields 2.82% and pays $4.88 (quarterly), as of October 19, 2026.
Which has raised its dividend longer, EQIX or DLR?
Equinix: 9 consecutive years of increases; Digital Realty Trust: 0 consecutive years of increases.
Which has more debt, EQIX or DLR?
On the latest balance sheets, Equinix’s liabilities equal 64.9% of total assets and Digital Realty Trust’s equal 45.8%. Book leverage is one measure; debt maturities and interest coverage matter too.
Which is more sensitive to interest rates, EQIX or DLR?
Over the past year, Equinix has typically moved -2.8% and Digital Realty Trust -2.3% for each 0.25-point rise in the 10-year Treasury yield. Since September 15, 2026, Equinix has moved -3.1% and Digital Realty Trust -3.5%.
Is EQIX or DLR the better investment?
REIT Rankings does not make buy, sell or hold calls. On our grades, which measure dividend safety, balance sheet, portfolio, growth and valuation, Equinix scores 84 and Digital Realty Trust scores 78, so Equinix rates higher on business quality. Which suits you depends on whether you value current yield, dividend growth or lower rate risk more.
Related Pages
Best Data Center REITs · Iron Mountain vs. Equinix · All REIT comparisons
REIT Rankings publishes data and grades, not investment advice. Nothing on this page is a recommendation to buy, sell or hold any security. Do your own research or consult a licensed advisor.