Public Storage
PSA-PGReal Estate · Stock · quarterly payer
Forward Yield
6.90%
Annual Dividend
$1.26
Payout Ratio
—
5-Yr Growth
-0.0%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, Public Storage (PSA-PG) yields 6.90% ($1.26 per share annually), with a blended fair-value estimate of $21.74 — +19% upside, so it screens as undervalued. Dividend safety grade: B (76/100).
Is PSA-PG a good dividend stock?
YesPublic Storage (PSA-PG) pays a quarterly dividend yielding 6.90% ($1.26/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.90%
- Payout Ratio
- —
- Annual Dividend
- $1.26
- 5-Yr Avg Growth
- -0.0%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- —
- P/E Ratio
- 1.8
- 5-Yr Total Return
- -31%
- 52-Week Range
- $17.90 – $22.33
- Dividend Safety
- B · 76/100
- Ever Cut?
- No
Frequently Asked Questions
PSA-PG Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-14%
5 Years
-31%
52-Week Range
$17.90 – $22.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PSA-PG worth?
Undervaluedlow confidenceOur blended fair-value estimate for Public Storage is $21.74 per share, versus a market price of $18.30. That implies 19% of upside — a margin of safety of about 16%.
Fair Value
$21.74
Current Price
$18.30
Upside
+19%
Margin of Safety
16%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.0% discount rate (CAPM), 4.5% stage-1 growth, 2.5% terminal growth, $10.29 EPS, $1.26 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PSA-PG Dividend Safety Score
Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 15, 2026 | — | $0.3156 | regular |
| Jun 15, 2026 | — | $0.3156 | regular |
| Mar 16, 2026 | — | $0.3156 | regular |
| Dec 15, 2025 | — | $0.3156 | regular |
| Sep 15, 2025 | — | $0.3156 | regular |
| Jun 12, 2025 | — | $0.3156 | regular |
| Mar 13, 2025 | — | $0.3156 | regular |
| Dec 13, 2024 | — | $0.3156 | regular |
| Sep 13, 2024 | — | $0.3156 | regular |
| Jun 12, 2024 | — | $0.3156 | regular |
| Mar 12, 2024 | — | $0.3156 | regular |
| Dec 12, 2023 | — | $0.3156 | regular |
| Sep 12, 2023 | — | $0.3156 | regular |
| Jun 13, 2023 | — | $0.3156 | regular |
Income Calculator
At $1.26 / yr per share
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