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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 »

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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