|
Featured MNV Articles:
| Ex-Div Reminder for Public Storage's Cumulative Preferred Share Series PBy Preferred Stock Channel Staff, Friday, June 9, 1:39 PM ET
On 6/13/23, Public Storage's 4.00% Dep Shares Cumulative Preferred Share Series P (NYSE:PSA.PRP) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 6/29/23. As a percentage of PSA.PRP's recent share price of $19.29, this dividend works out to approximately 1.30%, so look for shares of PSA.PRP to trade 1.30% lower — all else being equal — when PSA.PRP shares open for trading on 6/13/23. On an annualized basis, the current yield is approximately 5.20%, which compares to an average yield of 8.18% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, PSA.PRP was trading at a 23.12% discount to its liquidation preference amount. The chart below shows the one year performance of PSA.PRP shares, versus PSA:
Below is a dividend history chart for PSA.PRP, showing historical dividends prior to the most recent $0.25 on Public Storage's 4.00% Dep Shares Cumulative Preferred Share Series P: Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, Public Storage's 4.00% Dep Shares Cumulative Preferred Share Series P (NYSE:PSA.PRP) is currently up about 0.4% on the day, while the common shares (NYSE:PSA) are off about 0.6%.
This Article's Word Cloud:
Arial
Below
Channel
Cumulative
Dividend
Dividends
Estate
Free
Friday
Going
NYSE
Preferred
Public
Real
Report
Series
Share
Shares
Start
Stock
Stocks
Storage
about
according
afterLeftLabels
amount
annualized
approximately
average
axisColor
background
basis
beforeLeftLabels
being
below
bkgImage
bottomBuffer
bottomLabels
bottomTableHeight
category
chart
dividend
escape
fillColor
mdash
recent
shares
trade
trading
yield
|