In trading on Thursday, shares of Public Storage's 5.60% Cumulative Preferred Share of Beneficial Interest, Series H (Symbol: PSA.PRH) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.40), with shares changing hands as low as $23.31 on the day. This compares to an average yield of 7.85% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRH was trading at a 5.60% discount to its liquidation preference amount, versus the average discount of 11.73% in the "Real Estate" category.
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Below is a dividend history chart for PSA.PRH, showing historical dividend payments on Public Storage's 5.60% Cumulative Preferred Share of Beneficial Interest, Series H :
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In Thursday trading, Public Storage's 5.60% Cumulative Preferred Share of Beneficial Interest, Series H (Symbol: PSA.PRH) is currently down about 0.8% on the day, while the common shares (Symbol: PSA) are down about 1.9%.
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