On 3/15/22, Public Storage's 6.45% Cumulative Preferred Stock, Series F (Symbol: PSA.PRF) will trade ex-dividend, for its quarterly dividend of $0.3219, payable on 3/31/22. As a percentage of PSA.PRF's recent share price of $25.09, this dividend works out to approximately 1.28%, so look for shares of PSA.PRF to trade 1.28% lower — all else being equal — when PSA.PRF shares open for trading on 3/15/22. On an annualized basis, the current yield is approximately 5.12%, which compares to an average yield of 6.71% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of PSA.PRF shares, versus PSA:
Below is a dividend history chart for PSA.PRF, showing historical dividends prior to the most recent $0.3219 on Public Storage's 6.45% Cumulative Preferred Stock, Series F :
In Friday trading, Public Storage's 6.45% Cumulative Preferred Stock, Series F (Symbol: PSA.PRF) is currently down about 0.2% on the day, while the common shares (Symbol: PSA) are trading flat.
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