Public Storage 5.40% Cumulative Preferred Stock Series B
By: Tim McPartland,
Date Issued 01/12/2016
Shares Issued 11,000,000 Overallotment Shares 1,000,000
S&P Rating BBB+ Moodys Rating A3
Security Ticker Symbol PSA-B OTC Temporary Ticker PBSTP
Market Traded ON NYSE
Dividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2016
Quarterly Dividend .3375 Annual Dividend 1.35
Securities may be redeemed, at the issuers option, as early as 1/20/2021 the call price is $25 plus accrued dividends
Dividend Payment will NOT be Qualified Distributions (Preferred Stocks of REITs DO NOT pay Qualified Distributions)
Maturity Date None
Company Investor Relations Page for Public Storage
Below you can find the offering Prospectus and/or Final Pricing Document
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