Public Storage's latest cash dividend of $3 per share was issued to shareholders on record before Jun 12, 2024. The dividend distribution stands at $12 per share annually, which comes to a dividend yield of 3.41%.
Public Storage's dividend yield of 3.41% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 5.68%, Public Storage's dividend yield is 40% lower. The historical 5-year average of PSA's dividend yield is 4.3%, which is above the current yield.
Public Storage has been paying dividends for the last 30 years. Our records show that PSA has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 48% since twelve months ago. And with the price of the stock up by 28% from a year ago, the dividend yield has a decrease of 60%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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's payout ratio of 112% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 139.5%, Public Storage's payout ratio is 20% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CCI Crown Castle International Corp | 5.33% | $6.26 | 228.5% |
CUBE CubeSmart | 3.89% | $2.02 | 112.2% |
PSA Public Storage | 3.41% | $12 | 112% |
DLR Digital Realty Trust Inc | 3.27% | $4.88 | 138.2% |
Yes, Public Storage has been paying dividends for the last 30 years.
Public Storage's last regular dividend was on Jun 12, 2024 (ex-date) with the amount of $3 per share.
PSA's annualized dividend per share is $12.
The current dividend yield of Public Storage is 3.41%.
Public Storage has a quarterly dividend frequency.
The dividend payout ratio of Public Storage is 112%.
Public Storage's dividend yield is below the Real Estate sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.