PSA REIT — Public Storage

Public Storage (PSA)

Updated October 16, 2026.

PSA is a REIT. its distribution rate is 4.02%, its trailing-12-month yield is 4.02%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 18200.1% over the past 45.9 years.

Public Storage is a REIT that acquires, develops, owns, and operates self-storage facilities, with approximately 3,600 locations across the United States and a significant stake in a European self-storage operator. The REIT distributes quarterly with a current distribution rate in the mid-single digits. This security appeals to income-focused investors seeking exposure to real estate assets with regular quarterly payouts.

PSA performance

Price and return data through 2026-10-16.

Total return is 18200.1% over the past 45.9 years. Over the past year its total return — price change plus distributions reinvested — is 1.3%. Its deepest 1-year drawdown was 16.2%.

PSA key facts

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

3.90%

Issuer

Public Storage

Asset type

REIT

Asset class

Real Estate

Distribution rate

4.02%

Distribution frequency

Quarterly

Trailing yield

4.02%

5-year average yield

3.35

Last close

$298.31 (as of 2026-10-16)

Market cap

$55,739,908,121

Average volume

739000.0

Dividend

$3.00

Ex-dividend date

09/15/2026

Payment date

10/06/2026

Beta

0.929

Payout ratio

101.2%

P/E ratio

28.49

Forward P/E

27.248

EPS

$10.47

How Dividend Vision calculates yield and returns

Distribution rate (4.02%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.02%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Public Storage or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PSA risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 16.2%.

Who may consider PSA — and who may not

PSA may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PSA pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on PSA

• ETFs holding PSA
• All tickers starting with P

Tagged: REIT, Real Estate, Dividend.

Frequently asked questions

More securities from Public Storage.