Public Storage 6% Cumulative Redeemable Preferred Stock

By: ,

Date Issued  6/2/2014   

Shares Issued   10,000,000     Over-allotment shares 1,500,000

S&P Rating   BBB+   Moodys Rating   A3

Advertisement.

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

Advertisement.

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

Related Posts:

Tim McPartland

Connect with Tim McPartland

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.
X
Search Dividend Investor