Digital Realty Trust, Inc. vs Remitly Global Inc — how do they compare? Digital Realty Trust, Inc. trades at $173.11 (market cap $65.83B), while Remitly Global Inc trades at $23.24 (market cap $4.98B). The key difference: Digital Realty Trust, Inc. is far larger — about 13.2× Remitly Global Inc's market cap, and Digital Realty Trust, Inc. pays a 2.74% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| DLR | RELY | |
|---|---|---|
Market Cap | $65.83B | $4.98B |
Sector | Real Estate | Technology |
52-Week High | $203.91 | $24.28 |
52-Week Low | $147.93 | $12.20 |
Enterprise Value | $83.35B | $4.37B |
Dividend Yield | 2.74% | — |
Trailing returns across standard periods
Digital Realty owns and operates nearly 300 data centers worldwide. It has more than 35 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to cold shells, where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network connections. Digital Realty operates as a real estate investment trust.
Read more on DLR →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
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