Public Storage
PSAPublic Storage (PSA) is a leading provider of self-storage units in the United States. Established in 1972, the company owns and operates a vast network of storage facilities offering flexible storage solutions for residential and commercial customers. Public Storage is known for its widespread presence, convenience, and emphasis on customer service within the self-storage industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 30, 2026 | $3.00 | 2026-06-15 | 2026-06-15 |
| March 31, 2026 | $3.00 | 2026-03-16 | 2026-03-16 |
| December 30, 2025 | $3.00 | 2025-12-15 | 2025-12-15 |
| September 30, 2025 | $3.00 | 2025-09-15 | 2025-09-15 |
| June 27, 2025 | $3.00 | 2025-06-12 | 2025-06-12 |
Dividends Summary
- Consistent Payer: Public Storage has rewarded shareholders with 12 dividend payments over the past 3 years.
- Total Returned Value: Investors who held PSA shares during this period received a total of $36.00 per share in dividend income.
- Latest Payout: The most recent dividend of $3.00/share was paid 18 days ago, on June 30, 2026.
- Yield & Schedule: PSA currently pays dividends quarterly with an annual yield of 3.77%.
- Dividend Growth: Since 2023, the dividend payout has grown by 0.0%, from $3.00 to $3.00.
- Dividend Reliability: PSA has maintained or increased its dividend for 12 consecutive payments.
Company News
First Trust Capital Management established a $61.29 million position in National Storage Affiliates Trust (NSA) during Q1 2026, acquiring 1.8 million shares. The investment appears strategically timed around Public Storage's announced $10.5 billion acquisition of NSA. The self-storage REIT has shown solid operational performance with 42% year-ove...
Major M&A activity includes Public Storage's $10.5B acquisition of National Storage Affiliates, Mastercard's $1.8B purchase of stablecoin startup BVNK, and IBM's $11B acquisition of Confluent. Meanwhile, several companies filed for bankruptcy including Domino's franchisee, The Lycra Company, Baker & Taylor, and others, while some companies like G...
Public Storage announced an acquisition of National Storage Affiliates for $10.5 billion, with NSA shareholders receiving 0.14 shares of PSA per share owned, representing a 35% premium. The deal creates a $57 billion combined entity that will benefit from brand consolidation, cost efficiencies, and operational synergies in the self-storage market.
Public Storage (PSA) announced an agreement to acquire National Storage Affiliates (NSA) in an all-stock transaction valued at approximately $10.5 billion. NSA shareholders will receive 0.14 PSA shares per share at an implied price of $41.68. The deal is expected to close in Q3 2026 and is structured with PSA acquiring 488 properties outright whi...
CubeSmart, the third-largest self-storage REIT, has underperformed the S&P 500 and its larger peers over the past decade due to industry oversupply and lack of differentiated growth strategy. The self-storage market is showing early signs of recovery with improving move-in rates and customer growth. The analyst is monitoring whether positive mome...
