Subsequent Events

9 Months Ended

Sep. 30, 2018

15. Subsequent Events

On October 5, 2018, the Company completed the acquisition of approximately 55 acres of land in Atlanta, Georgia adjacent to its existing Atlanta-Metro mega data center. The strategic site provides QTS the opportunity to extend its leadership position in Atlanta by expanding its Atlanta-Metro campus.

Additionally, the Company paid the following dividends:

On October 4, 2018, the Company paid its regular quarterly cash dividend of $0.41 per common share and per unit in the Operating Partnership to stockholders and unit holders of record as of the close of business on September 20, 2018.

On October 15, 2018, the Company paid a quarterly cash dividend of approximately $0.45 per share on its 7.125% Series A Preferred Stock to holders of Series A Preferred Stock of record as of the close of business on September 28, 2018.

On October 15, 2018, the Company paid a cash dividend for the period June 25, 2018 through October 14, 2018 of approximately $1.99 per share on its 6.50% Series B Preferred Stock to holders of Series B Preferred Stock of record as of the close of business on September 30, 2018.