In trading on Friday, shares of Public Storage's 4.875% Cumulative Preferred Share of Beneficial Interest, Series I (Symbol: PSA.PRI) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2188), with shares changing hands as low as $22.14 on the day. This compares to an average yield of 7.56% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRI was trading at a 10.52% discount to its liquidation preference amount, versus the average discount of 8.80% in the "Real Estate" category.
Free Report: Top 8%+ Dividends (paid monthly)
GBSN Split History
AYRO Options Chain
The chart below shows the one year performance of PSA.PRI shares, versus PSA:
Below is a dividend history chart for PSA.PRI, showing historical dividend payments on Public Storage's 4.875% Cumulative Preferred Share of Beneficial Interest, Series I:
Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Public Storage's 4.875% Cumulative Preferred Share of Beneficial Interest, Series I (Symbol: PSA.PRI) is currently down about 0.5% on the day, while the common shares (Symbol: PSA) are up about 1.3%.
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AYRO Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
