DIVIDEND ANNOUNCEMENT: Public Storage (NYSE:PSA) on 05/08/2024 declared a dividend of $3.0000 per share

Public Storage (NYSE:PSA) on 05/08/2024 declared a dividend of $ 3.0000 per share payable on June 27, 2024 to shareholders of record as of June 12, 2024.

Public Storage (NYSE:PSA) has paid dividends since 1981, has a current dividend yield of 4.3923864365% and has increased its dividends for 0 successive years.

Public Storage's market cap is $ 47,998,781,200 and has a PE ratio of 24.81. The stock price closed yesterday at $ 273.20 and has a 52 week low/high of $ 233.18 and $ 312.25.

Public Storage is a real estate investment trust. Co. acquires, develops, owns and operates self-storage facilities, which provide storage spaces for lease on a month-to-month basis, for personal and business use. Co. is an owner and operator of self-storage facilities in the U.S. in most primary markets and states. A wholly-owned, consolidated subsidiary of Co. reinsures such policies and thereby assumes various risk of losses under these policies and receives reinsurance premiums substantially equal to the premiums collected from its tenants, from the non-affiliated insurance company. In addition, Co. sells merchandise, primarily locks and cardboard boxes at its self-storage facilities.

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