Public Storage's latest quarterly cash dividend of $3 per share was issued to shareholders on record before Sep 12, 2023. The dividend distribution stands at $11 per share annually, which comes to a dividend yield of 4.08%.
Public Storage's dividend yield of 4.08% is above the industry average but below the Real Estate sector average. Compared to its Real Estate sector average of 6.56%, Public Storage's dividend yield is 38% lower. The historical 5-year average of PSA's dividend yield is 3.2%, which is below the current yield.
Public Storage has been paying dividends for the last 29 years. Our records show that PSA has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 38% since twelve months ago. And with the price of the stock down by 7% from a year ago, the dividend yield has increased by 47%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 12, 2023 | Sep 28, 2023 | Aug 2, 2023 | $3 | normal |
Jun 13, 2023 | Jun 29, 2023 | May 2, 2023 | $3 | normal |
Mar 14, 2023 | Mar 30, 2023 | Feb 5, 2023 | $3 | normal |
Dec 13, 2022 | Dec 29, 2022 | Oct 26, 2022 | $2 | normal |
Sep 13, 2022 | Sep 29, 2022 | Aug 3, 2022 | $2 | normal |
Jun 14, 2022 | Jun 30, 2022 | Apr 28, 2022 | $2 | normal |
Mar 15, 2022 | Mar 31, 2022 | Feb 18, 2022 | $2 | normal |
Dec 14, 2021 | Dec 30, 2021 | Oct 27, 2021 | $2 | normal |
Sep 14, 2021 | Sep 30, 2021 | Aug 3, 2021 | $2 | normal |
Jun 14, 2021 | Jun 30, 2021 | Apr 28, 2021 | $2 | normal |
Mar 15, 2021 | Mar 31, 2021 | Feb 16, 2021 | $2 | normal |
Dec 14, 2020 | Dec 30, 2020 | Nov 4, 2020 | $2 | normal |
Sep 14, 2020 | Sep 30, 2020 | Aug 3, 2020 | $2 | normal |
Jun 12, 2020 | Jun 30, 2020 | Apr 21, 2020 | $2 | normal |
Mar 13, 2020 | Mar 31, 2020 | Feb 21, 2020 | $2 | normal |
Dec 12, 2019 | Dec 30, 2019 | Oct 23, 2019 | $2 | normal |
Sep 11, 2019 | Sep 27, 2019 | Jul 24, 2019 | $2 | normal |
Jun 11, 2019 | Jun 27, 2019 | Apr 24, 2019 | $2 | normal |
Mar 12, 2019 | Mar 28, 2019 | Feb 19, 2019 | $2 | normal |
Dec 11, 2018 | Dec 27, 2018 | Oct 24, 2018 | $2 | normal |
Sep 11, 2018 | Sep 27, 2018 | Jul 25, 2018 | $2 | normal |
Jun 12, 2018 | Jun 28, 2018 | Apr 25, 2018 | $2 | normal |
Mar 13, 2018 | Mar 29, 2018 | Feb 20, 2018 | $2 | normal |
Dec 12, 2017 | Dec 28, 2017 | Oct 25, 2017 | $2 | normal |
Sep 12, 2017 | Sep 28, 2017 | Jul 26, 2017 | $2 | normal |
Jun 12, 2017 | Jun 29, 2017 | Apr 26, 2017 | $2 | normal |
Mar 13, 2017 | Mar 30, 2017 | Feb 22, 2017 | $2 | normal |
Dec 12, 2016 | Dec 29, 2016 | Oct 26, 2016 | $2 | normal |
Sep 12, 2016 | Sep 29, 2016 | Jul 27, 2016 | $1.8 | normal |
Jun 13, 2016 | Jun 30, 2016 | $1.8 | normal | |
Mar 14, 2016 | Mar 31, 2016 | Feb 16, 2016 | $1.7 | normal |
Dec 11, 2015 | Dec 30, 2015 | Oct 28, 2015 | $1.7 | normal |
Sep 11, 2015 | Sep 30, 2015 | Jul 29, 2015 | $1.7 | normal |
Public Storage's payout ratio of 100.4% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 149.7%, Public Storage's payout ratio is 33% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CCI Crown Castle International Corp | 5.35% | $6.26 | 174.4% |
CUBE CubeSmart | 4.69% | $1.96 | 116.7% |
PSA Public Storage | 4.08% | $11 | 100.4% |
DLR Digital Realty Trust Inc | 3.6% | $4.88 | 165.4% |
Yes, Public Storage has been paying dividends for the last 29 years.
PSA has announced its next dividend with ex-date Dec 12, 2023.
Public Storage's last regular dividend was on Sep 12, 2023 (ex-date) with the amount of $3 per share.
PSA's annualized dividend per share is $11.
The current dividend yield of Public Storage is 4.08%.
Public Storage has a quarterly dividend frequency.
The dividend payout ratio of Public Storage is 100.4%.
Public Storage's dividend yield is below the Real Estate sector average.