Public Storage 5.20% Cumulative, Redeemable Preferred Stock
By: Tim McPartland,
S&P Rating BBB+ Moodys Rating A3
Security Ticker Symbol PSA-X
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
Below you can find the offering Prospectus and Final Pricing Document
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