Public Storage's latest quarterly cash dividend of $2 per share was issued to shareholders on record before Dec 13, 2022. The dividend distribution stands at $8 per share annually, which comes to a dividend yield of 2.68%.
Public Storage's dividend yield of 2.68% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 7.32%, Public Storage's dividend yield is 63% lower. The historical 5-year average of PSA's dividend yield is 3.2%, which is above the current yield.
Public Storage has been paying dividends for the last 29 years. Our records show that PSA has distributed three quarterly 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 down by 18% from a year ago, the dividend yield has increased by 23%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 33.8% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 113.2%, Public Storage's payout ratio is 70% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
VTR Ventas Inc | 4.07% | $1.8 | N/A |
CUBE CubeSmart | 3.78% | $1.78 | 138% |
PSA Public Storage | 2.68% | $8 | 33.8% |
Yes, Public Storage has been paying dividends for the last 29 years.
PSA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in March 2023.
Public Storage's last regular dividend was on Dec 13, 2022 (ex-date) with the amount of $2 per share.
PSA's annualized dividend per share is $8.
The current dividend yield of Public Storage is 2.68%.
Public Storage has a quarterly dividend frequency.
The dividend payout ratio of Public Storage is 33.8%.
Public Storage's dividend yield is below the Real Estate sector average.