PS Business Parks, Inc. (PSB) Ex-Dividend Date Scheduled for June 10, 2013


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PS Business Parks, Inc. ( PSB ) will begin trading ex-dividend on June 10, 2013. A cash dividend payment of $0.44 per share is scheduled to be paid on June 27, 2013. Shareholders who purchased PSB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 25th quarter that PSB has paid the same dividend. At the current stock price of $74.95, the dividend yield is 2.35%.

The previous trading day's last sale of PSB was $74.95, representing a -13.79% decrease from the 52 week high of $86.94 and a 18.52% increase over the 52 week low of $63.24.

PSB is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). PSB's current earnings per share, an indicator of a company's profitability, is $1.02. Zacks Investment Research reports PSB's forecasted earnings growth in 2013 as 14.27%, compared to an industry average of 7.3%.

For more information on the declaration, record and payment dates, visit the PSB Dividend History page.

Interested in gaining exposure to PSB through an Exchange Traded Fund [ETF]?
The following ETF(s) have PSB as a top-10 holding:

  • PowerShares S&P SmallCap Low Volatility Portfolio ( XSLV ).

The top-performing ETF of this group is XSLV with an decrease of 0% over the last 100 days. It also has the highest percent weighting of PSB at 1.11%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: AMT , PSB , SPG , XSLV

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