On 12/11/18, PS Business Parks Inc's 5.70% Cumulative Preferred Stock, Series V (Symbol: PSB.PRV) will trade ex-dividend, for its quarterly dividend of $0.3563, payable on 12/27/18. As a percentage of PSB.PRV's recent share price of $22.94, this dividend works out to approximately 1.55%, so look for shares of PSB.PRV to trade 1.55% lower - all else being equal - when PSB.PRV shares open for trading on 12/11/18. On an annualized basis, the current yield is approximately 6.20%, which compares to an average yield of 7.31% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of PSB.PRV shares, versus PSB:
Below is a dividend history chart for PSB.PRV, showing historical dividends prior to the most recent $0.3563 on PS Business Parks Inc's 5.70% Cumulative Preferred Stock, Series V :
In Friday trading, PS Business Parks Inc's 5.70% Cumulative Preferred Stock, Series V (Symbol: PSB.PRV) is currently up about 1.1% on the day, while the common shares (Symbol: PSB) are up about 0.2%.