PSA Dividend History - Public Storage

Track the latest PSA dividend history! 4.03% Dividend Yield, 8.45% Annual Growth - Explore PSA's complete dividend history

Yield 12m 4.03%
Cash Amount 12m 12.00
Dividend Growth 5y avg 8.45%
Dividend Rating 71.04%
Yield on Cost 5y 7.06%
Payout Ratio current 124.6%
Payout Frequency 12m 4
Payout Consistency 93.5%
Total Return 12m: 2.04%
#2 in Group
Total Return 5y: 70.11%
#1 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Self-Storage REITs
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
PSA 55,642m 4.03% 7.06%
CUBE 10,435m 4.78% 8.01%
NSA 6,051m 4.44% 6.50%
EXR 35,025m 3.31% 5.61%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
PSA 55,642m 8.45% 71.0%
CUBE 10,435m 8.95% 77.2%
NSA 6,051m 11.9% 77.0%
EXR 35,025m 12.7% 68.8%

PSA Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-12-13 2024-12-13 2024-12-30 Quarterly 3 0.95%
2024-09-13 2024-09-13 2024-09-30 Quarterly 3 0.84%
2024-06-12 2024-06-12 2024-06-27 Quarterly 3 1.08%
2024-03-12 2024-03-13 2024-03-28 Quarterly 3 1.04%
2023-12-12 2023-12-13 2023-12-28 Quarterly 3 1.1%
2023-09-12 2023-09-13 2023-09-28 Quarterly 3 1.1%
2023-06-13 2023-06-14 2023-06-29 Quarterly 3 1.06%
2023-03-14 2023-03-15 2023-03-30 Quarterly 3 50% 1.03%
2022-12-13 2022-12-14 2022-12-29 Quarterly 2 0.65%
2022-09-13 2022-09-14 2022-09-29 Quarterly 2 -84.8% 0.6%
2022-07-29 2022-08-01 2022-08-04 Other 13.15 557.5% 4.06%
2022-06-14 2022-06-15 2022-06-30 Quarterly 2 0.68%
2022-03-15 2022-03-16 2022-03-31 Quarterly 2 0.55%
2021-12-14 2021-12-15 2021-12-30 Quarterly 2 0.56%
2021-09-14 2021-09-15 2021-09-30 Quarterly 2 0.62%
2021-06-14 2021-06-15 2021-06-30 Quarterly 2 0.68%
2021-03-15 2021-03-16 2021-03-31 Quarterly 2 0.83%
2020-12-14 2020-12-15 2020-12-30 Quarterly 2 0.88%
2020-09-14 2020-09-15 2020-09-30 Quarterly 2 0.91%
2020-06-12 2020-06-15 2020-06-30 Quarterly 2 1.01%
2020-03-13 2020-03-16 2020-03-31 Quarterly 2 0.97%
2019-12-12 2019-12-13 2019-12-30 Quarterly 2
2019-09-11 2019-09-12 2019-09-27 Quarterly 2
2019-06-11 2019-06-12 2019-06-27 Quarterly 2
2019-03-12 2019-03-13 2019-03-28 Quarterly 2
2018-12-11 2018-12-12 2018-12-27 Quarterly 2
2018-09-11 2018-09-12 2018-09-27 Quarterly 2
2018-06-12 2018-06-13 2018-06-28 Quarterly 2
2018-03-13 2018-03-14 2018-03-29 Quarterly 2
2017-12-12 2017-12-13 2017-12-28 Quarterly 2
2017-09-12 2017-09-13 2017-09-28 Quarterly 2
2017-06-12 2017-06-14 2017-06-29 Quarterly 2
2017-03-13 2017-03-15 2017-03-30 Quarterly 2
2016-12-12 2016-12-14 2016-12-29 Quarterly 2 11.1%
2016-09-12 2016-09-14 2016-09-29 Quarterly 1.8
2016-06-13 2016-06-15 2016-06-30 Quarterly 1.8 5.9%
2016-03-14 2016-03-16 2016-03-31 Quarterly 1.7
2015-12-11 2015-12-15 2015-12-30 Quarterly 1.7
2015-09-11 2015-09-15 2015-09-30 Quarterly 1.7
2015-06-11 2015-06-15 2015-06-30 Quarterly 1.7

PSA Dividend History - FAQ

What is the Dividend Yield of PSA?

As of December 2024 PSA`s Dividend Yield is 4.03%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 12.00 USD by the current stock price of 297.50.

What is the long-term Dividend Growth Rate of PSA?

In the last 5 Years the Average Dividend Growth Rate was 8.45% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does PSA pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) PSA paid 4 times a dividend.

What is the Yield on Cost of PSA?

The 5 Year Yield-On-Cost is 7.06%. That's the effective dividend income you'd receive today if you purchased Public Storage five years ago. It is calculated by the Rate of the last 12 Months (12.00) divided by the price 5 years ago (170.09).

What is the Payout Consistency of PSA?

PSA has a Payout Consistency of 93.5%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of PSA?

The Overall Dividend Rating of 71.04 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does PSA have a good Dividend Yield?

PSA`s 4.03% Dividend Yield is considered as: good.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for PSA?

The next Dividend Date for PSA is unknown.

What is the Dividend Payout Ratio of PSA?

The Dividend Payout Ratio of PSA is 124.6%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: PSA Outstanding Shares

What is the Trend of PSA`s Outstanding Shares?

The Outstanding Shares of Public Storage are growing at a rate of 0.13% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 20.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Public Storage ever had a Stock Split?

Yes, last Stock Split was on 2023-08-14 with a factor of 1:1. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 1.
Year Number of Shares (Mill.) Growth Rate
1985 6571400
1986 10000000 +52.17%
1987 10400000 +4%
1988 10740700 +3.28%
1989 10833300 +0.86%
1990 14000000 +29.23%
1991 15000000 +7.14%
1992 17315000 +15.43%
1993 23688000 +36.81%
1994 32838000 +38.63%
1995 71250000 +116.97%
1996 93041000 +30.58%
1997 119582000 +28.53%
1998 128780800 +7.69%
1999 132781000 +3.11%
2000 128114000 -3.51%
2001 121946000 -4.81%
2002 124078000 +1.75%
2003 127182000 +2.5%
2004 128586000 +1.1%
2005 128122000 -0.36%
2006 169229000 +32.08%
2007 168586000 -0.38%
2008 168312000 -0.16%
2009 168477000 +0.1%
2010 169014000 +0.32%
2011 171383000 +1.4%
2012 171982000 +0.35%
2013 172798000 +0.47%
2014 173258000 +0.27%
2015 173759000 +0.29%
2016 173812000 +0.03%
2017 174218000 +0.23%
2018 174466000 +0.14%
2019 174590000 +0.07%
2020 174749000 +0.09%
2021 176079000 +0.76%
2022 176144000 +0.04%
2023 175670700 -0.27%
2024 175866000 +0.11%