Public Storage 5.20% Cumulative, Redeemable Preferred Stock

By: ,

 

S&P Rating   BBB+   Moodys Rating   A3

Security Ticker Symbol   PSA-X

Advertisement.

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 06/30/2013

Quarterly Dividend   .330  Annual Dividend   1.300

Securities may be redeemed, at the issuers option, as early as 03/13/2018  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions

Distributions on preferred stocks of Real Estate Investment Trusts are NOT qualified distribution since the REIT is tax exempt (removing one level of taxation) the distribution receiver is taxed at ordinary income tax rates.

Maturity Date   None

 

Company Investor Relations Page for Public Storage

Advertisement.

Below you can find the offering Prospectus and Final Pricing Document

Advertisement.

Related Posts:

Tim McPartland

Connect with Tim McPartland

Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
X
Search Dividend Investor