PS Business Parks Inc. 5.20% Cumulative Preferred Stock, Series W

By: ,

Date Issued   10/7/2016

Shares Issued    6,600,000     Overallotment Shares  990,000

S&P Rating   BBB  Moodys Rating   Baa2


Security Ticker Symbol   PSB-W      OTC Temp Ticker  PSBNL

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 12/31/2016.

Quarterly Dividend   .333  Annual Dividend      1.30

Securities may be redeemed, at the issuers option, as early as 10/20/2021  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 Documents


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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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