Public Storage
PSA35 yrs growthReal Estate · Stock · quarterly payer
$306.66
Add to PortfolioForward Yield
3.91%
Annual Dividend
$12.00
Payout Ratio
124%
5-Yr Growth
8.4%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
PSA Dividend Safety Score
85/ 100
Grade A
Very Safe
Dividend-growth streak35 consecutive years of growth
Cut historyCut its dividend in 1990
Earnings payout coverage124% of earnings paid out
Balance-sheet strengthDebt/equity of 1.08
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is PSA a good dividend stock?
YesPublic Storage (PSA) pays a quarterly dividend yielding 3.91% ($12.00/yr), with 35 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 35 consecutive years of growth
- Strong 8.4% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 1990
- Elevated payout ratio (124%)
Key Data
- Dividend Yield
- 3.91%
- Payout Ratio
- 124%
- Annual Dividend
- $12.00
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 35
- Frequency
- quarterly
- Beta
- 0.96
- Market Cap
- $53.8B
- P/E Ratio
- 31.6
- 5-Yr Total Return
- 2%
- 52-Week Range
- $256.54 – $313.51
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (1990)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 16, 2026 | — | $3.0000 | regular |
| Dec 15, 2025 | — | $3.0000 | regular |
| Sep 15, 2025 | — | $3.0000 | regular |
| Jun 12, 2025 | — | $3.0000 | regular |
| Mar 13, 2025 | — | $3.0000 | regular |
| Dec 13, 2024 | — | $3.0000 | regular |
| Sep 13, 2024 | — | $3.0000 | regular |
| Jun 12, 2024 | — | $3.0000 | regular |
| Mar 12, 2024 | — | $3.0000 | regular |
| Dec 12, 2023 | — | $3.0000 | regular |
| Sep 12, 2023 | — | $3.0000 | regular |
| Jun 13, 2023 | — | $3.0000 | regular |
| Mar 14, 2023 | — | $3.0000 | regular |
| Dec 13, 2022 | — | $2.0000 | regular |
Income Calculator
At $12.00 / yr per share
Per payment (quarterly)$300.00
Annual$1,200.00
Monthly avg$100.00
