Ex-Div Reminder for Public Storage's 5.60% Cumulative Preferred Share of Beneficial Interest, Series H
Nasdaq 2023-06-09 17:40:00 • 2 mins
On 6/13/23, Public Storage's 5.60% Cumulative Preferred Share of Beneficial Interest, Series H (Symbol: PSA.PRH) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 6/29/23. As a percentage of PSA.PRH's recent share price of $26.00, this dividend works out to approximately 1.35%, so look for shares of PSA.PRH to trade 1.35% lower all else being equal when PSA.PRH shares open for trading on 6/13/23. On an annualized basis, the current yield is approximately 5.41%, which compares to an average yield of 8.18% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of PSA.PRH shares, versus PSA:
