PS Business Parks 5.20% Cumulative Preferred Stock, Series Y
By: Tim McPartland,
Date Issued 11/30/2017
Shares Issued 8,000,000 Overallotment 0
S&P Rating BBB Moodys Rating Baa2
Security Ticker Symbol PSB-Y OTC Grey Market PSSBP
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 3/29/2018
Quarterly Dividend .325 Annual Dividend 1.30
Securities may be redeemed, at the issuers option, as early as 12/7/2022 the call price is $25 plus accrued dividends
Dividend Payment NOT will be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)
Maturity Date None
Company Investor Relations Page for PS Business Parks
Click here to find the offering Prospectus and/or Final Pricing Document
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