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National Storage Affiliates' Series A Preferred Shares Cross 6% Yield Mark

In trading on Friday, shares of National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.88 on the day. This compares to an average yield of 6.76% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. As of last close, NSA.PRA was trading at a 0.36% premium to its liquidation preference amount, versus the average premium of 34.74% in the "Real Estate" category.

Performance Comparison Chart

Below is a dividend history chart for NSA.PRA, showing historical dividend payments on National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest:

NSA.PRA+Dividend+History+Chart

In Friday trading, National Storage Affiliates Trust's 6.000% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: NSA.PRA) is currently down about 0.1% on the day, while the common shares (Symbol: NSA) are up about 0.3%.

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NSA.PRA NSA