PS Business Parks 5.20% Cumulative Preferred Stock, Series Y

By: ,

Date Issued 11/30/2017

Shares Issued 8,000,000       Overallotment    0

S&P Rating BBB      Moodys Rating Baa2


Security Ticker Symbol PSB-Y     OTC Grey Market  PSSBP

Market Traded ON NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 3/29/2018

Quarterly Dividend .325 Annual Dividend 1.30

Securities may be redeemed, at the issuers option, as early as 12/7/2022 the call price is $25 plus accrued dividends


Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)

Maturity Date None

Company Investor Relations Page for PS Business Parks

Click here to find the offering Prospectus and/or Final Pricing Document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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