Public Storage's dividends per share for the
three
months ended in Mar. 2024 was $3.00. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was $12.00. Its Dividend Payout Ratio for the
three
months ended in Mar. 2024 was 1.25. As of today, Public Storage's Dividend Yield % is 4.14%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Public Storage is 1.10, which seems too high.
Good Sign:
Public Storage stock dividend yield is close to 10-year high.
During the past 12 months, Public Storage's average Dividends Per Share Growth Rate was 33.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Public Storage was 26.90% per year. The lowest was -22.60% per year. And the median was 6.10% per year.
For more information regarding to dividend, please check our Dividend Page.
Public Storage Dividends per Share Historical Data
The historical data trend for Public Storage's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Public Storage's Dividends per Share
For the REIT - Industrial subindustry, Public Storage's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Public Storage's Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Public Storage's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Public Storage's Dividend Yield % falls into.
Public Storage Dividends per Share Calculation
Dividends paid to per common share.
Public Storage (NYSE:PSA) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Public Storage's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Public Storage was 1.20. The lowest was 0.73. And the median was 1.07.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Public Storage is 1.10, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Public Storage Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 3.000000
2024-03-12
2024-03-13
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.000000
2023-12-12
2023-12-13
2023-12-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.000000
2023-09-12
2023-09-13
2023-09-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 3.000000
2023-06-13
2023-06-14
2023-06-29
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Public Storage's Dividend Yield (%) for Today is calculated as
Current Share Price is $288.67.
Public Storage's Dividends per Share for the trailing twelve months (TTM) ended in Today is $12.
During the past 13 years, the highest Dividend Yield of Public Storage was 4.67%. The lowest was 1.96%. And the median was 3.20%.
Good Sign:
Public Storage stock dividend yield is close to 10-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Public Storage Dividends per Share Related Terms
Thank you for viewing the detailed overview of Public Storage's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Public Storage (Public Storage) Business Description
Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
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