PSA Dividend History & Yield

Public Storage · NYSE

Stock Real Estate Quarterly payer REIT
$301.60
-0.14% today
as of Sep 8, 2026
TTM yield
3.98%
$12.00/share over the last 12 months
Forward yield
3.98%
$12.00/share indicated annual rate
Annual dividend
$12.00
per share, forward
Per payment
$3.00
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 15, 2026 Declared
in 7 days
Next pay date
Oct 6, 2026
in 28 days
Last ex-dividend date
Jun 15, 2026
$3.00 per share
Payout ratio
n/a
REIT: use FFO payout instead
Market cap
56.3B
P/E 28.8
5y dividend CAGR
+8.4%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
38.5
since Feb 22, 1988
1y total return
+6.5%
price +2.4% + dividends 4.1%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 7 days) Oct 6, 2026 $3.00 $300.00 Declared
Tue, Dec 15, 2026 (in 98 days) Dec 29, 2026 $3.00 $300.00 Estimated
Tue, Mar 16, 2027 (in 189 days) Mar 30, 2027 $3.00 $300.00 Estimated
Tue, Jun 15, 2027 (in 280 days) Jun 29, 2027 $3.00 $300.00 Estimated

Estimated dates and amounts are projected from PSA's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $12.00 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Dec 12, 2016 to Jun 15, 2026; most recent $3.00$0.00$7.50$15.00Dec 12, 2016: $2.00Dec '16Mar 13, 2017: $2.00Jun 12, 2017: $2.00Sep 12, 2017: $2.00Dec 12, 2017: $2.00Mar 13, 2018: $2.00Mar '18Jun 12, 2018: $2.00Sep 11, 2018: $2.00Dec 11, 2018: $2.00Mar 12, 2019: $2.00Jun 11, 2019: $2.00Jun '19Sep 11, 2019: $2.00Dec 12, 2019: $2.00Mar 13, 2020: $2.00Jun 12, 2020: $2.00Sep 14, 2020: $2.00Sep '20Dec 14, 2020: $2.00Mar 15, 2021: $2.00Jun 14, 2021: $2.00Sep 14, 2021: $2.00Dec 14, 2021: $2.00Dec '21Mar 15, 2022: $2.00Jun 14, 2022: $2.00Jul 29, 2022: $13.15 (special)Sep 13, 2022: $2.00Dec 13, 2022: $2.00Dec '22Mar 14, 2023: $3.00Jun 13, 2023: $3.00Sep 12, 2023: $3.00Dec 12, 2023: $3.00Mar 12, 2024: $3.00Mar '24Jun 12, 2024: $3.00Sep 13, 2024: $3.00Dec 13, 2024: $3.00Mar 13, 2025: $3.00Jun 12, 2025: $3.00Jun '25Sep 15, 2025: $3.00Dec 15, 2025: $3.00Mar 16, 2026: $3.00Jun 15, 2026: $3.00

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$7.50$15.002017: $8.00$8.0020172018: $8.00$8.0020182019: $8.00$8.0020192020: $8.00$8.0020202021: $8.00$8.0020212022: $8.00$8.0020222023: $12.00$12.0020232024: $12.00$12.0020242025: $12.00$12.0020252026 (YTD): $6.00$6.002026 YTD

How much PSA do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month100$30,160$1,200
$500 / month500$150,800$6,000
$1,000 / month1,000$301,600$12,000

Based on the forward yield of 3.98%. $10,000 in PSA would currently pay about $398 a year ($33 a month on average). Model reinvestment and growth →

PSA dividend history

Show all 156 payments
Ex-datePay dateAmountChange
Jun 15, 2026 $3.00 +0.0%
Mar 16, 2026 $3.00 +0.0%
Dec 15, 2025 $3.00 +0.0%
Sep 15, 2025 $3.00 +0.0%
Jun 12, 2025 $3.00 +0.0%
Mar 13, 2025 $3.00 +0.0%
Dec 13, 2024 $3.00 +0.0%
Sep 13, 2024 $3.00 +0.0%
Jun 12, 2024 $3.00 +0.0%
Mar 12, 2024 $3.00 +0.0%
Dec 12, 2023 $3.00 +0.0%
Sep 12, 2023 $3.00 +0.0%
Jun 13, 2023 $3.00 +0.0%
Mar 14, 2023 $3.00 +50.0%
Dec 13, 2022 $2.00 +0.0%
Sep 13, 2022 $2.00 +0.0%
Jul 29, 2022 $13.15 Special
Jun 14, 2022 $2.00 +0.0%
Mar 15, 2022 $2.00 +0.0%
Dec 14, 2021 $2.00 +0.0%
Sep 14, 2021 $2.00 +0.0%
Jun 14, 2021 $2.00 +0.0%
Mar 15, 2021 $2.00 +0.0%
Dec 14, 2020 $2.00 +0.0%

Payout risk check

Yield-trap heuristicLow risk

PSA scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Public Storage

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage is headquartered in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.

Sector: Real Estate. Industry: REIT - Industrial. First dividend on our records: Feb 22, 1988. 156 payments tracked.

PSA dividend FAQ

When is PSA's next ex-dividend date?

PSA's next ex-dividend date is Sep 15, 2026 (in 7 days, declared by the company). You must own the shares before that date to receive the payment of about $3.00 per share, expected on Oct 6, 2026.

How often does PSA pay dividends?

PSA pays dividends every quarter, 4 times a year. The most recent payment was $3.00 per share with an ex-date of Jun 15, 2026.

What is PSA's dividend yield?

PSA's trailing 12-month dividend yield is 3.98%, based on $12.00 per share paid over the last year and a share price of $301.60. The forward yield, using the indicated annual rate of $12.00 per share, is 3.98%.

How much does PSA pay per share?

PSA pays about $3.00 per share each quarter, which works out to roughly $12.00 per share a year. 100 shares would collect about $1,200.00 a year.

Has PSA grown or cut its dividend?

Over the last 5 years the regular payout has grown at 8.4% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of PSA do I need to earn $100 a month?

At the current forward yield of 3.98%, you would need about 100 shares of PSA (roughly $30,160 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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