Public Storage's Preferred Share Series O Crosses Above 6.5% Yield Territory

Public Storage's PSA.PRO preferred shares were yielding above 6.5% on Friday, based on an annualized dividend of $0.9748, with intraday trading as low as $14.97. The article is largely a yield update on the preferred stock rather than new company-specific news, making the market impact limited.

Analysis

Public Storage's PSA.PRO preferred shares were yielding above 6.5% on Friday, based on an annualized dividend of $0.9748, with intraday trading as low as $14.97. The article is largely a yield update on the preferred stock rather than new company-specific news, making the market impact limited.