The ex-dividend date for Public Storage (NYSE:PSA) is Monday, March 11, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.25 per share. At a price of $150.72 as of 9:30 a.m., the dividend yield is 3.3%.
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, March 11, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.25 per share. At a price of $150.72 as of 9:30 a.m. ET, the dividend yield is 3.3%. The average volume for Public has been 665,500 shares per day over the past 30 days. Public has a market cap of $26.2 billion and is part of the financial sector and real estate industry. Shares are up 3.8% 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 39.1, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Public as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Public Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.