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CyrusOne (NASDAQ:CONE) announced a quarterly dividend on Wednesday, February 19th, American Banking News reports. Investors of record on Friday, March 28th will be paid a dividend of 0.21 per share on Tuesday, April 15th. This represents a $0.84 annualized dividend and a dividend yield of 3.95%.

On a related note, analysts at Deutsche Bank initiated coverage on shares of CyrusOne in a research note on Wednesday, February 12th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. CyrusOne has a consensus rating of “Buy” and a consensus target price of $24.50.

Shares of CyrusOne (NASDAQ:CONE) traded up 2.68% during mid-day trading on Wednesday, hitting $21.85. The stock had a trading volume of 190,850 shares. CyrusOne has a 1-year low of $17.41 and a 1-year high of $24.84. The stock has a 50-day moving average of $21.53 and a 200-day moving average of $20.30. The company’s market cap is $480.5 million.

CyrusOne Inc, is a owner, operator and developer of enterprise-class, carrier-neutral data center properties.

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