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Dupont Fabros Technology (Dupont Fabros Technology) Preferred Stock : $201.25 Mil (As of Jun. 2017)


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What is Dupont Fabros Technology Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Dupont Fabros Technology's preferred stock for the quarter that ended in Jun. 2017 was $201.25 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Dupont Fabros Technology's Enterprise Value for the quarter that ended in Jun. 2017 was $1,700.90 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Dupont Fabros Technology's Book Value per Share for the quarter that ended in Jun. 2017 was $.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Dupont Fabros Technology's Earnings per Share (Diluted) for the three months ended in Jun. 2017 was $.


Dupont Fabros Technology Preferred Stock Historical Data

The historical data trend for Dupont Fabros Technology's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dupont Fabros Technology Preferred Stock Chart

Dupont Fabros Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Preferred Stock
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.25 351.25 351.25 351.25 201.25

Dupont Fabros Technology Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Preferred Stock Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 301.25 201.25 201.25 201.25 201.25

Dupont Fabros Technology Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Dupont Fabros Technology  (NYSE:DFTpB_CL.PFD) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Dupont Fabros Technology's Enterprise Value for the quarter that ended in Jun. 2017 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Dupont Fabros Technology's Book Value per Share for the quarter that ended in Jun. 2017 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Dupont Fabros Technology's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2017 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dupont Fabros Technology Preferred Stock Related Terms

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Dupont Fabros Technology (Dupont Fabros Technology) Business Description

Traded in Other Exchanges
N/A
Address
Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.
Executives
Michael A Coke director TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Mary M Styer director 1212 NEW YORK AVENUE, NW, SUITE 900, WASHINGTON DC 20005
Scott A Davis officer: EVP & Chief Technology Officer 401 9TH STREET, NW #600, WASHINGTON DC 20005
Christopher P. Eldredge director, officer: President and CEO 401 9TH STREET, NW #600, WASHINGTON DC 20004
James Warren Armstrong officer: Chief Accounting Officer 401 9TH STREET, NW #600, WASHINGTON DC 20005
Maria Kenny officer: EVP, Chief Development Officer 401 9TH STREET, NW #600, WASHINGTON DC 20004
Montfort Richard A Jr officer: General Counsel 401 9TH STREET, NW #600, WASHINGTON DC 20004
John H Toole director 250 FARMINGTON DRIVE, CHARLOTTESVILLE VA 22901
Du Pont Lammot J director, officer: Chairman of the Board C/O DUPONT FABROS TECHNOLOGY, INC., 401 9TH STREET, NW #600, WASHINGTON DC 20004
Jeffrey H Foster officer: Chief Financial Officer 401 9TH STREET, NW #600, WASHINGTON DC 20004
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Roberts John T Jr director
Frederic V Malek director C/O THAYER LODGING GROUP, 1730 PENNSYLVANIA AVENUE NW #525, WASHINGTON DC 20006
Brian D Doricko officer: SVP, Chief Revenue Officer 1212 NEW YORK AVENUE,NW,SUITE 900, WASHINGTON DC 20005
Hossein Fateh director C/O DUPONT FABROS TECHNOLOGY, INC., 1212 NEW YORK AVENUE, NW, STE 900, WASHINGTON DC 20005

Dupont Fabros Technology (Dupont Fabros Technology) Headlines

From GuruFocus

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 22,161 Shares

By GuruFocus Research GuruFocus Editor 04-15-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 40,000 Shares

By GuruFocus Research GuruFocus Editor 04-12-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 19,800 Shares

By GuruFocus Research GuruFocus Editor 04-02-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 03-31-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 04-06-2010

DUPONT FABROS TECH (DFT) CFO Mark L Wetzel sells 56,585 Shares

By GuruFocus Research GuruFocus Editor 09-08-2010

DUPONT FABROS TECH (DFT) President and CEO Hossein Fateh sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 04-23-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 16,600 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

DUPONT FABROS TECH (DFT) Executive Chairman Pont Lammot J Du sells 22,350 Shares

By GuruFocus Research GuruFocus Editor 04-19-2010