Public Storage 6% Cumulative Redeemable Preferred Stock
By: Tim McPartland,
Date Issued 6/2/2014
Shares Issued 10,000,000 Over-allotment shares 1,500,000
S&P Rating BBB+ Moodys Rating A3
Security Ticker Symbol PSA-Z OTC Temp Ticker PSAPP
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 09/30/2014
Quarterly Dividend .375 Annual Dividend 1.50
Securities may be redeemed, at the issuers option, as early as 06/4/2019 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
Below you can find the offering Prospectus and/or Final Pricing Document