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Cash Dividend On The Way From National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares


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On 9/13/18, National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 9/28/18. As a percentage of NSA.PRA's recent share price of $25.30, this dividend works out to approximately 1.48%, so look for shares of NSA.PRA to trade 1.48% lower - all else being equal - when NSA.PRA shares open for trading on 9/13/18. On an annualized basis, the current yield is approximately 5.94%, which compares to an average yield of 6.79% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of NSA.PRA shares, versus NSA:

Performance Comparison Chart

Below is a dividend history chart for NSA.PRA, showing historical dividends prior to the most recent $0.375 on National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest:

NSA.PRA+Dividend+History+Chart

In Tuesday trading, National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) is currently up about 0.2% on the day, while the common shares (Symbol: NSA) are down about 1.4%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen ยป

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: Investing , Investing Ideas
Referenced Symbols: NSA.PRA , NSA



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