Public Storage 5.05% Series G Cumulative Preferred Shares

By: ,

Date Issued  08/2/2017

Shares Issued  12,000,000      Overallotment Shares  1,800,000

S&P Rating   BBB+   Moodys Rating   A3


Security Ticker Symbol   PSA-G    OTC Temp Ticker  PBSTP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 9/30/2017

Quarterly Dividend   .316   Annual Dividend   1.2625

Securities may be redeemed, at the issuers option, as early as 8/9/2022  the call price is $25 plus accrued dividends


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

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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