Public Storage (PSA) declared a quarterly common dividend of $3.00 per share and preferred share dividends. The dividend is payable on September 30, 2025, to shareholders recorded as of September 15, 2025. This consistent dividend payout reflects the company's stable financial performance. Public Storage operates a vast network of self-storage facilities across the US and holds a significant equity interest in Shurgard Self Storage Limited in Europe.
Public Storage (PSA), a leading self-storage real estate investment trust (REIT), has declared a quarterly common dividend of $3.00 per share. The dividend will be paid on September 30, 2025, to shareholders recorded as of September 15, 2025 [1]. This dividend payout reflects the company's stable financial performance and is a testament to its consistent earnings.
Public Storage operates a vast network of self-storage facilities across the United States, with approximately 218 million net rentable square feet. Additionally, the company holds a significant equity interest in Shurgard Self Storage Limited in Europe, further diversifying its revenue streams [1]. The company's recent earnings report showed a strong performance, with earnings per share (EPS) of $4.28, beating analysts' consensus estimates [1].
The dividend payout ratio is currently 130.86%, indicating a substantial portion of earnings being distributed to shareholders. This high payout ratio suggests that Public Storage is prioritizing shareholder returns, which is a positive sign for investors.
Institutional investors have also shown confidence in Public Storage, with several large funds increasing their stakes in the company. For instance, Ameriprise Financial Inc. increased its holdings by 0.2% in Q1, owning approximately 1.2 million shares valued at $359.5 million [2]. This demonstrates the continued support and belief in the company's future prospects.
In summary, Public Storage's declaration of a quarterly common dividend of $3.00 per share is a positive development for investors. The company's strong financial performance and consistent earnings, along with institutional investor support, make it an attractive investment opportunity.
References:
[1] https://www.marketbeat.com/instant-alerts/zacks-research-reduces-earnings-estimates-for-public-storage-2025-08-25/
[2] https://www.marketbeat.com/instant-alerts/filing-public-storage-psa-shares-acquired-by-ameriprise-financial-inc-2025-08-22/
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