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PSA Public Storage dividend history, payout ratio & dates

Public Storage's latest quarterly cash dividend of $2 per share was issued to shareholders on record before Sep 13, 2022. The dividend distribution stands at $8 per share annually, which comes to a dividend yield of 2.7%.

Key dates

  • PSA last dividend date: Sep 13, 2022
  • PSA next dividend date: Dec 13, 2022
PSA dividend stats
DPS
$8
Dividend yield
2.64%
Payout ratio
32.3%
vs. Real Estate sector
Dividend yield
5.95%
Payout ratio
101.1%

Dividend yield

What is Public Storage current dividend yield

Public Storage's dividend yield of 2.7% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 5.95%, Public Storage's dividend yield is 55% lower. The historical 5-year average of PSA's dividend yield is 3.3%, which is above the current yield.

Dividend history

What is PSA dividend payout history and dates

Public Storage has been paying dividends for the last 28 years. Our records show that PSA has distributed four 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 13% from a year ago, the dividend yield has increased by 15%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Public Storage dividend payout ratio compared to the sector

Payout ratio

Public Storage's payout ratio of 32.3% is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 101.1%, Public Storage's payout ratio is 68% lower.

Total amount of dividends paid per financial year (from cash flow)

PSA dividend vs peer dividends

How does PSA dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CUBE CubeSmart 4.03% $1.72 150.9%
VTR Ventas Inc 3.99% $1.8 N/A
PSA Public Storage 2.64% $8 32.3%

Frequently asked questions

Does Public Storage pay a dividend?

Yes, Public Storage has been paying dividends for the last 28 years.

When is Public Storage's next dividend?

PSA has announced its next dividend with ex-date Dec 13, 2022.

When was PSA's last dividend?

Public Storage's last regular dividend was on Sep 13, 2022 (ex-date) with the amount of $2 per share.

How much dividend does Public Storage pay (per share)?

PSA's annualized dividend per share is $8.

What is Public Storage's dividend yield?

The current dividend yield of Public Storage is 2.7%.

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 32.3%.

Does Public Storage pay a good dividend?

Public Storage's dividend yield is below the Real Estate sector average.