PSA.PRK

Public Storage's Preferred Shares, Series K, Cross 5.5% Yield Mark

In trading on Wednesday, shares of Public Storage's 4.75% Depositary Shares Cumulative Preferred Shares, Series K (Symbol: PSA.PRK) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $21.59 on the day. This compares to an average yield of 7.54% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRK was trading at a 13.52% discount to its liquidation preference amount, versus the average discount of 8.64% in the "Real Estate" category.

The chart below shows the one year performance of PSA.PRK shares, versus PSA:

Performance Comparison Chart

Below is a dividend history chart for PSA.PRK, showing historical dividend payments on Public Storage's 4.75% Depositary Shares Cumulative Preferred Shares, Series K:

PSA.PRK+Dividend+History+Chart

In Wednesday trading, Public Storage's 4.75% Depositary Shares Cumulative Preferred Shares, Series K (Symbol: PSA.PRK) is currently trading flat on the day, while the common shares (Symbol: PSA) are up about 0.9%.

Also see:
• Stocks Insiders And Hedge Funds Are Buying
• RSG Options Chain
• ABM shares outstanding history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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