PSA
Public Storage
dividend history, payout ratio & dates
- Stocks
- Real Estate
- NYSE: PSA
- Dividend
Last dividend date: Mar 16, 2026
Dividend yield: 3.74%
Payout ratio: 123.5%
Public Storage's latest cash dividend of $3 per share was issued to shareholders on record before Mar 16, 2026. The dividend distribution stands at $12 per share annually, which comes to a dividend yield of 3.68%.
PSA dividend stats
vs. Real Estate sector
Public Storage Dividend yield
Public Storage's dividend yield of 3.68% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.21%, Public Storage's dividend yield is 41% lower. The historical 5-year average of PSA's dividend yield is 4.5%, which is above the current yield.
PSA Dividend history
Public Storage has been paying dividends for the last 34 years. Our records show that PSA has distributed three dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 11% from a year ago, the dividend yield has a decrease of 10%.
Public Storage Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Mar 16, 2026 | $3 | 4.14% |
| Dec 15, 2025 | $3 | 4.41% |
| Sep 15, 2025 | $3 | 4.19% |
| Jun 12, 2025 | $3 | 4.05% |
| Mar 13, 2025 | $3 | 4.1% |
| Dec 13, 2024 | $3 | 3.78% |
| Sep 13, 2024 | $3 | 3.34% |
| Jun 12, 2024 | $3 | 4.35% |
| Mar 12, 2024 | $3 | 4.13% |
| Dec 12, 2023 | $3 | 4.4% |
| Sep 12, 2023 | $3 | 4.04% |
| Jun 13, 2023 | $3 | 8.12% |
| Mar 14, 2023 | $3 | 7.7% |
| Dec 13, 2022 | $2 | 7.01% |
| Sep 13, 2022 | $2 | 6.45% |
| Jul 29, 2022 | $13.15 | 6.48% |
| Jun 14, 2022 | $2 | 2.69% |
| Mar 15, 2022 | $2 | 2.25% |
| Dec 14, 2021 | $2 | 2.27% |
| Sep 14, 2021 | $2 | 2.52% |
| Jun 14, 2021 | $2 | 2.72% |
| Mar 15, 2021 | $2 | 3.3% |
| Dec 14, 2020 | $2 | 3.58% |
| Sep 14, 2020 | $2 | 3.56% |
| Jun 12, 2020 | $2 | 4.07% |
| Mar 13, 2020 | $2 | 3.79% |
| Dec 12, 2019 | $2 | 3.92% |
| Sep 11, 2019 | $2 | 3.2% |
| Jun 11, 2019 | $2 | 3.32% |
| Mar 12, 2019 | $2 | 3.67% |
| Dec 11, 2018 | $2 | 3.8% |
| Sep 11, 2018 | $2 | 3.84% |
| Jun 12, 2018 | $2 | 3.71% |
| Mar 13, 2018 | $2 | 4.05% |
| Dec 12, 2017 | $2 | 3.78% |
| Sep 12, 2017 | $2 | 3.85% |
| Jun 12, 2017 | $2 | 3.77% |
| Mar 13, 2017 | $2 | 3.5% |
| Dec 12, 2016 | $2 | 3.35% |
| Sep 12, 2016 | $1.8 | 3.2% |
| Jun 13, 2016 | $1.8 | 2.87% |
| Mar 14, 2016 | $1.7 | 2.62% |
| Dec 11, 2015 | $1.7 | 2.69% |
| Sep 11, 2015 | $1.7 | 3.07% |
| Jun 11, 2015 | $1.7 | 3.16% |
| Mar 12, 2015 | $1.4 | 2.98% |
Public Storage dividend payout ratio
Payout ratio
Public Storage's payout ratio of 123.5% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 136.1%, Public Storage's payout ratio is 9% lower.
Total amount of dividends paid per financial year (from cash flow)
PSA dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CUBE CubeSmart | 5.07% | $2.1 | 147.9% |
| CCI Crown Castle International Corp | 4.8% | $4.25 | 174.9% |
| PSA Public Storage | 3.74% | $12 | 123.5% |
| DLR Digital Realty Trust Inc | 2.65% | $4.88 | 123.9% |
Frequently asked questions
Does Public Storage pay a dividend?
Yes, Public Storage has been paying dividends for the last 34 years.
When was PSA's last dividend?
Public Storage's last regular dividend was on Mar 16, 2026 (ex-date) with the amount of $3 per share.
How much dividend does Public Storage pay (per share)?
PSA's annualized dividend per share is $12.
What is Public Storage's dividend yield?
The current dividend yield of Public Storage is 3.68%.
How often does Public Storage pay dividends?
Public Storage has a quarterly dividend frequency.
What is Public Storage's dividend payout ratio?
The dividend payout ratio of Public Storage is 123.5%.
Does Public Storage pay a good dividend?
Public Storage's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield.