Public Storage (PSA) Dividend
Public Storage (PSA) currently pays a dividend yield of 3.65%, distributing $12.00 per share annually ($3.00 per quarter). The company operates in the Real Estate sector.
PSA dividend at a glance
| Dividend Yield | 3.65% |
|---|---|
| Annual Dividend | $12.00 per share |
| Per Payment | $3.00 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 15, 2026 |
| Next Payment Date | September 29, 2026 |
| Payout Ratio | 115% |
| Sector | Real Estate |
| Implied Share Price (from yield) | $328.77 |
What PSA pays on a $10,000 investment
At a 3.65% yield, $10,000 invested in PSA generates about $365.00 per year, or roughly $91.25 every quarter. Share counts below use an implied price of $328.77, derived from the $12.00 annual dividend and the 3.65% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 3 | $36.50 | $9.13 |
| $5,000 | 15.2 | $182.50 | $45.63 |
| $10,000 | 30.4 | $365.00 | $91.25 |
| $25,000 | 76 | $912.50 | $228.12 |
| $100,000 | 304.2 | $3,650.00 | $912.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PSA dividend payment schedule
PSA pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 15, 2026, with payment on September 29, 2026. Later rows are projected forward at the same interval and will shift when Public Storage declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 15, 2026 | September 29, 2026 | $3.00 | Confirmed |
| December 15, 2026 | December 29, 2026 | $3.00 | Projected |
| March 15, 2027 | March 29, 2027 | $3.00 | Projected |
| June 15, 2027 | June 29, 2027 | $3.00 | Projected |
To collect a PSA dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PSA's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. PSA's 3.65% is 0.16 percentage points below that median, ranking 302nd of 587 by yield.
Within Real Estate, where we track 61 names, the median yield is 5.72% — putting PSA below its sector.
What the numbers mean
PSA pays out roughly 115% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, PSA distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PSA dividend FAQ
When is the next PSA ex-dividend date?
The next PSA ex-dividend date is September 15, 2026, with the payment scheduled for September 29, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PSA's dividend yield?
PSA currently yields 3.65%, based on $12.00 in dividends per share over the past year.
How often does PSA pay dividends?
PSA pays quarterly, which works out to 4 payments per year of about $3.00 per share.
How much dividend income would $10,000 of PSA generate?
At the current 3.65% yield, $10,000 invested in PSA would produce roughly $365.00 per year, or about $91.25 per quarter, before taxes and assuming the dividend holds.
Is PSA a Dividend Aristocrat?
No. PSA is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
PSA dividend history
DivTrkr holds 156 recorded PSA dividend payments going back to 1988 and +8.4% a year of growth over the last five complete years. See the full PSA dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Real Estate dividend payers
- LFT — Lument Finance Trust, Inc. dividend (22.96%)
- ORC — Orchid Island Capital, Inc. dividend (18.29%)
- ARR — ARMOUR Residential REIT dividend (17.27%)
- DX — Dynex Capital, Inc. dividend (15.75%)
- SUNS — Sunrise Realty Trust, Inc. dividend (15.38%)
- SEVN — Seven Hills Realty Trust dividend (14.56%)
- MITT — TPG Mortgage Investment Trust, Inc. dividend (13.54%)
- CLPR — Clipper Realty Inc. dividend (13.29%)
Similar yields to PSA
- SFL — SFL Corporation Ltd. dividend (3.65%)
- TM — Toyota Motor Corporation dividend (3.64%)
- SJM — J.M. Smucker dividend (3.66%)
- MKC — McCormick & Co dividend (3.63%)
- SGOV — iShares 0-3 Month Treasury Bond ETF dividend (3.67%)
- PNW — Pinnacle West Capital dividend (3.60%)
Track PSA dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.