PS Business Parks 5.25% Cumulative Preferred Stocks Series X

By: ,

Date Issued  9/12/2017

Shares Issued 8,000,000   Overallotment Shares  1,200,000

S&P Rating   BBB   Moodys Rating   Baa2

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Security Ticker Symbol   PSB-X   OTC Grey Market  PSBBP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 12/28/2017

Quarterly Dividend   .328   Annual Dividend   1.3125

Securities may be redeemed, at the issuers option, as early as 09/21/2022  the call price is $25 plus accrued dividends

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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

Below you can find the offering Prospectus and/or Final Pricing Document

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