Public Storage 4.90% Series E Cumulative Preferred Shares

By: ,

Date Issued  10/6/2016

Shares Issued  14,000,000      Overallotment Shares  2,100,000

S&P Rating   BBB+   Moodys Rating   A3

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Security Ticker Symbol   PSA-E    OTC Temp Ticker   PBSRP

Market Traded ON   NYSE

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

Quarterly Dividend   .30   Annual Dividend   1.20

Securities may be redeemed, at the issuers option, as early as 10/14/2021  the call price is $25 plus accrued dividends

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

Maturity Date   None

 

Company Investor Relations Page for Public Storage

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

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