PSA.PRS

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

In trading on Tuesday, shares of Public Storage's 4.10% Depositary Shares Cumulative Preferred Shares Ser S (Symbol: PSA.PRS) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.025), with shares changing hands as low as $18.50 on the day. This compares to an average yield of 7.60% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRS was trading at a 25.16% discount to its liquidation preference amount, versus the average discount of 9.16% in the "Real Estate" category.

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

Performance Comparison Chart

Below is a dividend history chart for PSA.PRS, showing historical dividend payments on Public Storage's 4.10% Depositary Shares Cumulative Preferred Shares Ser S:

PSA.PRS+Dividend+History+Chart


Free Report: Top 8%+ Dividends (paid monthly)

In Tuesday trading, Public Storage's 4.10% Depositary Shares Cumulative Preferred Shares Ser S (Symbol: PSA.PRS) is currently off about 1.1% on the day, while the common shares (Symbol: PSA) are down about 0.2%.

Also see:
• PEGA Next Dividend Date
• Funds Holding KORE
• Top Ten Hedge Funds Holding CHDN

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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