Back to News
investment

Ex-Div Reminder for Public Storage's Preferred Shares Series M

BNK Invest
Loading...
3 min read
0 likes
⚡ Quantum Brief
Public Storage’s 4.125% Series M preferred shares (PSA.PRM) will trade ex-dividend on March 16, 2026, with a $0.2578 quarterly payout due March 31. The dividend represents a 1.56% yield based on the $16.56 share price, likely causing a proportional price drop post-ex-date, assuming no other market changes. Annualized, the yield is 6.21%, below the 8.10% average for real estate preferred stocks, per Preferred Stock Channel data. PSA.PRM shares dipped 0.2% on March 13, while common shares (PSA) remained flat; Public Storage comprises 15.88% of the Pacer Industrial Real Estate ETF (INDS). Historical charts show PSA.PRM’s performance and dividend consistency, with the latest payout aligning with prior quarterly distributions.
AI Audio Summary
0:00 / 0:00
Click to play
Untitled design (30).png
Quantum News · Media Library

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Markets PSA.PRM Ex-Div Reminder for Public Storage's Preferred Shares Series M March 13, 2026 — 01:36 pm EDT Written by BNK Invest for BNK Invest-> On 3/16/26, Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M (Symbol: PSA.PRM) will trade ex-dividend, for its quarterly dividend of $0.2578, payable on 3/31/26. As a percentage of PSA.PRM's recent share price of $16.56, this dividend works out to approximately 1.56%, so look for shares of PSA.PRM to trade 1.56% lower — all else being equal — when PSA.PRM shares open for trading on 3/16/26. On an annualized basis, the current yield is approximately 6.21%, which compares to an average yield of 8.10% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of PSA.PRM shares, versus PSA: Below is a dividend history chart for PSA.PRM, showing historical dividends prior to the most recent $0.2578 on Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M: Free Report: Top 8%+ Dividends (paid monthly) According to the ETF Finder at ETF Channel, Public Storage (Symbol: PSA) makes up 15.88% of the Pacer Industrial Real Estate ETF (INDS) which is trading relatively unchanged on the day Friday. (see other ETFs holding PSA). In Friday trading, Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M (Symbol: PSA.PRM) is currently down about 0.2% on the day, while the common shares (Symbol: PSA) are trading flat. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Also see: • Top Dividend Stocks YTD • IQLT Dividend History • Top Ten Hedge Funds Holding XRPR The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags MarketsStocksFixed Income BNK Invest BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

Top Dividend Stocks YTD-> IQLT Dividend History-> Top Ten Hedge Funds Holding XRPR-> More articles by this source-> Stocks mentioned PSA.PRM PSA More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.