EQIX vs PSA: Dividend Comparison
Dividend data as of
Equinix Inc (EQIX) and Public Storage (PSA) are both in the Real Estate sector, making them natural rivals for dividend investors. PSA offers a significantly higher 4.11% yield compared to EQIX's 2.14%, a gap of 1.97%. For dividend growth, EQIX leads with a 5-year CAGR of 13.1% versus PSA's 10.7%. Both stocks carry a "Safe" dividend safety rating. EQIX is a Dividend Challenger with 9 years of consecutive increases.
Verdict
Yield Analysis
PSA yields 1.97% more than EQIX. In dollar terms, EQIX pays $18.33/share vs PSA's $12.00/share annually.
Dividend Growth
EQIX: Dividend growth is accelerating — the 3-year CAGR of 13.8% exceeds the 5-year rate of 13.1% and the 10-year rate of 11.6%.
PSA: Dividend growth is slowing — the 3-year CAGR of 0.0% trails the 5-year rate of 10.7% and the 10-year rate of 5.7%.
Dividend Safety
EQIX: The payout ratio of 2% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.6x.
PSA: The payout ratio of 1% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.8x.
Estimated Annual Dividend Income
Based on current dividend yields. Actual income may vary.
What does $10,000 buy in EQIX vs PSA today?
At $954.92 per share, $10,000 buys about 10.5 shares of Equinix Inc (EQIX). Each share pays $18.33 per year in dividends, so the position starts out generating roughly $192 per year — about $16 a month.
At $296.17 per share, $10,000 buys about 33.8 shares of Public Storage (PSA). Each share pays $12.00 per year in dividends, so the position starts out generating roughly $405 per year — about $34 a month.
PSA is the larger income stream from day one: $213 per year more on the same $10,000 invested.
What could $10,000 of EQIX or PSA income look like in 10 years?
Equinix Inc (EQIX) has raised its dividend about 13.1% a year over the past five years. If that pace held, the $214 per year that $10,000 generates today at the current 2.14% yield would reach $730 per year by 2036 — a 7.3% yield on the original cost.
Public Storage (PSA) has raised its dividend about 10.7% a year over the past five years. If that pace held, the $411 per year that $10,000 generates today at the current 4.11% yield would reach $1,131 per year by 2036 — a 11.3% yield on the original cost.
On those trailing rates, PSA pays more in 2036: $1,131 versus $730 per year. The projection assumes each five-year growth rate persists and no dividends are reinvested — real payouts will differ.
When would EQIX's dividend growth overtake PSA's higher yield?
Not within a realistic holding period. Equinix Inc (EQIX) is growing its dividend faster (13.1% vs 10.7% a year), but the starting-yield gap — 4.11% for PSA vs 2.14% for EQIX — is wide enough that the crossover sits more than 30 years out on trailing rates. For income you plan to spend, PSA's head start is decisive.
Can EQIX and PSA afford their dividends?
Equinix Inc (EQIX) earns $10.89 per share against $18.33 paid out in dividends — 0.6x coverage (a 2% payout ratio).
Public Storage (PSA) earns $9.62 per share against $12.00 paid out in dividends — 0.8x coverage (a 1% payout ratio).
Coverage is similar for both, so neither dividend looks meaningfully more stretched than the other on current earnings.
Which fits an early-retirement income portfolio better, EQIX or PSA?
For income you need right now, Public Storage (PSA) leads: $100,000 invested today pays about $342 a month at the current 4.11% yield, versus $178 a month from Equinix Inc (EQIX) at 2.14%.
With a decade or more before the income is needed, EQIX's faster dividend growth (13.1% vs 10.7% a year) matters more than the starting yield — raises compound into the larger paycheck over time.
On consistency: EQIX has raised its dividend 9 consecutive years.
Many income investors simply hold both — the mix pairs current yield with growth and spreads single-name risk. Whichever way you lean, dividends are never guaranteed; recheck the payout each quarter rather than setting and forgetting.
$10,000 with DRIP: projected annual income
If each holding keeps raising its dividend at its real 5-year rate and every payment is reinvested, a $10,000 position pays $902/yr in EQIX vs $1,692/yr in PSA by year 10.
Assumes dividends are reinvested at the current yield and grow at each holding's trailing 5-year dividend CAGR. A projection, not a prediction — no price appreciation modeled.
Track EQIX and PSA in your portfolio
See your real income from both — forward projections, yield on cost, and dividend safety signals. Sync your brokerage free for 30 days, or track holdings manually on the free plan.
Frequently Asked Questions
Related Resources
Individual Stock Analysis
Dividend Tools
Track Your Dividends
More Comparisons
This tool is for educational and informational purposes only and does not constitute investment, financial, tax, or legal advice. Consult a licensed professional before making investment decisions.
Past performance does not guarantee future results. All projections are hypothetical estimates based on user-provided inputs and may differ materially from actual outcomes.
By using this tool you agree to our Terms of Service and Privacy Policy.