Public Storage (Public Storage) Dividend Yield %

: 6.00% (As of Today)

View and export this data going back to 2014. Start your Free Trial

As of today (2024-04-19), the Trailing Annual Dividend Yield of Public Storage is 6.00%.

Good Sign:

Public Storage stock dividend yield is close to 10-year high.

The historical rank and industry rank for Public Storage's Dividend Yield % or its related term are showing as below:

PSApZCL.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 1.96 Med: 3.19 Max: 6
Current: 6

During the past 13 years, the highest Dividend Yield of Public Storage was 6.00%. The lowest was 1.96%. And the median was 3.19%.

PSApZCL.PFD's Dividend Yield % is ranked worse than
77.06% of 837 companies
in the REITs industry
Industry Median: 7.14 vs PSApZCL.PFD: 6.00

Public Storage's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Public Storage is 1.06, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Public Storage was 1.20. The lowest was 0.73. And the median was 1.07.

As of today (2024-04-19), the Forward Dividend Yield % of Public Storage is 6.00%.

Public Storage's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Public Storage's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Public Storage was 26.90% per year. The lowest was -22.60% per year. And the median was 6.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Public Storage Dividend Yield % Historical Data

The historical data trend for Public Storage's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Public Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Public Storage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %																-	-	-	-	-

Competitive Comparison

For the REIT - Industrial subindustry, Public Storage's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the REITs industry and Real Estate sector, Public Storage's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Public Storage's Dividend Yield % falls into.

Public Storage Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Public Storage (NYSE:PSApZCL.PFD) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Public Storage Dividend Yield % Related Terms

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

Public Storage (Public Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Public Storage (NYSE:PSApZCL.PFD) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

PSApS.PFD:USA PSApR.PFD:USA PSApQ.PFD:USA PSApP.PFD:USA PSApO.PFD:USA PSApN.PFD:USA PSApM.PFD:USA PSApL.PFD:USA PSApK.PFD:USA PSApJ.PFD:USA PSApI.PFD:USA PSApH.PFD:USA PSA.pG.PFD:USA PSApF.PFD:USA PSA:USA PUP:Germany P1SA34:Brazil

Address

701 Western Avenue, Glendale, CA, USA, 91201-2349

Website

https://www.publicstorage.com

Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 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.