Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for Public Storage (NYSE: PSA) is Monday, September 10, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.10 per share. At a price of $147.47 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for Public has been 629,400 shares per day over the past 30 days. Public has a market cap of $25.13 billion and is part of the financial sector and real estate industry. Shares are up 9.7% year to date as of the close of trading on Thursday. Public Storage operates as a real estate investment trust (REIT). It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe. The company has a P/E ratio of 46.6, above the average real estate industry P/E ratio of 46.5 and above the S&P 500 P/E ratio of 17.7.
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