What is PSA's current dividend yield?

Public Storage (PSA) has a dividend yield of 3.68%, paying $12.00 per share annually.

How often does PSA pay dividends?

Public Storage typically pays dividends on a quarterly basis. The annual dividend totals $12.00 per share.

When is PSA's next ex-dividend date?

The most recent ex-dividend date for Public Storage was September 15, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.

What is PSA's dividend growth rate?

Public Storage has a 5-year dividend compound annual growth rate (CAGR) of 8.5%. The 10-year CAGR is 5.7%.

What is PSA's payout ratio?

Public Storage has a payout ratio of 6%, meaning it distributes 6% of its earnings as dividends. This leaves significant room for dividend growth.

Public Storage (PSA) Dividend Analysis

Comprehensive dividend yield, safety, growth, and income analysis for PSA.

Public Storage (PSA) pays a solid 3.68% dividend yield, or $12.00 per share annually at a stock price of $323.12. The payout ratio of 6% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 0.2x. Dividend growth is slowing — the 3-year CAGR of 6.3% trails the 5-year rate of 8.5% and the 10-year rate of 5.7%. The most recent ex-dividend date was September 15, 2026.

Dividend Overview

Public Storage (PSA) pays a solid 3.68% dividend yield, or $12.00 per share annually at a stock price of $323.12.

Dividend Yield

3.68%

Annual Dividend

$12.00

Share Price

$323.12

Ex-Dividend Date

Sep 15, 2026

Consecutive Years

0 yrs

Sector

Real Estate

Dividend Safety

Safe

The payout ratio of 6% is well within sustainable levels, leaving room for future increases.

Payout Ratio6%

0%60%80%100%

DRIP Projection

$10,000 invested in PSA with dividends reinvested would grow to approximately $16,987 after 10 years, generating roughly $1,408/year in dividend income. This projection assumes the current 3.68% yield and a 8.5% annual dividend growth rate with all dividends reinvested.

Year	Portfolio Value	Annual Income	Total Return
Year 1	$10,368	$414	+4%
Year 5	$12,377	$684	+24%
Year 10	$16,987	$1,408	+70%
Year 15	$27,115	$3,371	+171%
Year 20	$53,840	$10,041	+438%

Assumes constant share price and reinvestment at current price. Actual results will vary. Try our DRIP Calculator for a customized projection with real historical data.