Public Storage Dividends and Buybacks
Dividend criteria checks 5/6
Public Storage is a dividend paying company with a current yield of 3.58% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
3.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | 1.2% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | US$12.000 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Recent updates
Public Storage: Still Great, But Still Not Worth The Purchase
Sep 034%-Yielding Public Storage - One Of The Best REITs On The Market
Jul 11Public Storage: Strong FFO Growth, Low Pay-Out Ratio And A 4.4% Yield
May 29A Public Service Announcement On Public Storage - It's A 'Buy'
May 05REIT Public Storage Has Been And May Continue To Be A Terrible Investment
Apr 22Public Storage: Great Entry Point For Long-Term Investors
Mar 264.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio
Mar 18Public Storage: The Self-Storage Glut Is Coming In 2024
Feb 19Public Storage: Store Away And Lock Up Your Shares For The Long Term
Feb 12Public Storage: Remains Attractive With A 4% Dividend Yield
Jan 05Public Storage: 4.5% Yield, A-Rated Debt, And Strong Annual Total Return Potential
Dec 05Public Storage: Back In The Buy Zone
Nov 10Public Storage: The Preferred Dividends Are Well Covered
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PSA's dividends per share have been stable in the past 10 years.
Growing Dividend: PSA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Public Storage Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PSA) | 3.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Specialized REITs) | 3.7% |
| Analyst forecast (PSA) (up to 3 years) | 3.8% |
Notable Dividend: PSA's dividend (3.58%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: PSA's dividend (3.58%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.1%), PSA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), PSA's dividend payments are covered by cash flows.