Public Storage 5.875% Cumulative Preferred Stock Series A

By: ,

 

Date Issued  11/20/2014

Shares Issued  7,000,000      Overallotment Shares   1,000,000

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S&P Rating   BBB+   Moodys Rating   A3

Security Ticker Symbol   PSA-A    OTC Temp Ticker   PBSTP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 03/31/2015

Quarterly Dividend   .367   Annual Dividend   1.469

Securities may be redeemed, at the issuers option, as early as 12/02/2019  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

 

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Company Investor Relations Page for Public Storage

Below you can find the offering Prospectus and/or Final Pricing Document

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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.
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