Public Storage's Preferred Shares Series I Crosses Above 5.5% Yield Territory
August 05, 2024 at 14:14 PM EDT
In trading on Monday, shares of Public Storage's 4.875% Cumulative Preferred Share of Beneficial Interest, Series I (PSA. RI) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2188), with shares changing hands as low as $21.48 on the day.