Public Storage ( PSA ) will begin trading ex-dividend on June 11, 2015. A cash dividend payment of $1.7 per share is scheduled to be paid on June 30, 2015. Shareholders who purchased PSA prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 21.43% increase over the prior quarter. At the current stock price of $185.94, the dividend yield is 3.66%.
The previous trading day's last sale of PSA was $185.94, representing a -10.14% decrease from the 52 week high of $206.92 and a 14.54% increase over the 52 week low of $162.34.
PSA is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). PSA's current earnings per share, an indicator of a company's profitability, is $5.47. Zacks Investment Research reports PSA's forecasted earnings growth in 2015 as 6.9%, compared to an industry average of 7%.
For more information on the declaration, record and payment dates, visit the PSA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to PSA through an Exchange Traded Fund [ETF]?
The following ETF(s) have PSA as a top-10 holding:
- iShares Cohen & Steers REIT ETF ( ICF )
- Schwab U.S. REIT ETF ( SCHH )
- SPDR DJ Wilshire REIT ETF ( RWR )
- Wilshire US REIT ( WREI )
- iShares Residential Real Estate Capped ETF ( REZ ).
The top-performing ETF of this group is WREI with an decrease of -9.92% over the last 100 days. ICF has the highest percent weighting of PSA at 6.65%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
