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PSAPP.PFD (Public Storage) 5-Year Yield-on-Cost % : 5.67 (As of Dec. 12, 2024)


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What is Public Storage 5-Year Yield-on-Cost %?

Public Storage's yield on cost for the quarter that ended in Sep. 2024 was 5.67.


The historical rank and industry rank for Public Storage's 5-Year Yield-on-Cost % or its related term are showing as below:

PSApP.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.62   Med: 4.52   Max: 6.25
Current: 5.67


During the past 13 years, Public Storage's highest Yield on Cost was 6.25. The lowest was 2.62. And the median was 4.52.


PSApP.PFD's 5-Year Yield-on-Cost % is ranked worse than
70.78% of 900 companies
in the REITs industry
Industry Median: 6.735 vs PSApP.PFD: 5.67

Competitive Comparison of Public Storage's 5-Year Yield-on-Cost %

For the REIT - Industrial subindustry, Public Storage's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Storage's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Public Storage's 5-Year Yield-on-Cost % falls into.



Public Storage 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Public Storage is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Public Storage  (NYSE:PSApP.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Public Storage 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Public Storage's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage Business Description

Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.