PSA PS

PSA Public Storage

Real Estate · REIT - Industrial

5 · Fair Momentum 8.0 · Strong Watch

323.58

-0.47%

About the company

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage was incorporated in 1972 in Maryland and is based in Frisco, Texas.

3.71%
114.50%
12.00
60.4B
30.88
10.48
294.74

52-week range

324
low 257 high 336
Yield Growth Momentum Safety Value Health

Dividend deep dive

Public Storage (PSA) operates in the REIT - Industrial sector. The company currently has a dividend yield of 3.77%, which falls within its 5-year historical yield range, between a low of 2.43% and a high of 4.24%. Public Storage holds a rating score of 5.0. It is an equity instrument, and its dividend safety status is currently designated as "watch".

Dividend history

Public Storage does not have a current streak of consecutive dividend increases (0 years). The 3-year dividend compound annual growth rate (CAGR) is 14.47%, and the 5-year CAGR is 8.45%. Annual dividends per share have varied: $5.60 in 2014, $6.80 in 2015, $7.20 in 2016, and $8.00 from 2017 through 2022. In 2023, the dividend increased to $12.00, a level maintained for 2024 and 2025.

Dividend safety

The dividend coverage for Public Storage shows a payout ratio of 124.1% based on its market EPS of $9.67. Leverage figures include a debt-to-equity ratio of 107.646. The current ratio is 0.188 and the quick ratio is 0.091.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

390 301 212 2021 2022 2023 2024 2025 2026 2020-08 · 212 2020-09 · 223 2020-10 · 229 2020-11 · 224 2020-12 · 231 2021-01 · 228 2021-02 · 234 2021-03 · 247 2021-04 · 281 2021-05 · 282 2021-06 · 301 2021-07 · 312 2021-08 · 324 2021-09 · 297 2021-10 · 332 2021-11 · 327 2021-12 · 375 2022-01 · 359 2022-02 · 355 2022-03 · 390 2022-04 · 372 2022-05 · 331 2022-06 · 313 2022-07 · 326 2022-08 · 331 2022-09 · 293 2022-10 · 310 2022-11 · 298 2022-12 · 280 2023-01 · 304 2023-02 · 299 2023-03 · 302 2023-04 · 295 2023-05 · 283 2023-06 · 292 2023-07 · 282 2023-08 · 276 2023-09 · 264 2023-10 · 239 2023-11 · 259 2023-12 · 305 2024-01 · 283 2024-02 · 284 2024-03 · 290 2024-04 · 259 2024-05 · 274 2024-06 · 288 2024-07 · 296 2024-08 · 344 2024-09 · 364 2024-10 · 329 2024-11 · 348 2024-12 · 299 2025-01 · 298 2025-02 · 304 2025-03 · 299 2025-04 · 300 2025-05 · 308 2025-06 · 293 2025-07 · 272 2025-08 · 295 2025-09 · 289 2025-10 · 279 2025-11 · 275 2025-12 · 260 2026-01 · 276 2026-02 · 307 2026-03 · 271 2026-04 · 302 2026-05 · 304 2026-06 · 318 2026-07 · 325
Price

Dividend profile

Frequency
Quarterly
Growth (TTM)
+0.0%
CAGR 3y
+14.5%
+8.4%
0 years

(5-year)

Now 3.7%
2.4% avg 3.5% 4.2%

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Dividend history

CAGR 3y +14.5% CAGR 5y +8.4%
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

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Debt & leverage

107.6%
0.19
0.09
Debt vs cash
Debt Cash
Total debt
10.0B USD
Total cash
134.6M USD
3.4B USD

Latest reported balance-sheet figures.

Held by 1 investor

Appears in these lists

PSA qualifies for these curated dividend rankings.

Information, not financial advice.

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