On 3/14/16, Public Storage's 5.375% Cumulative Preferred Share of Beneficial Interest, Series V (PSA.PRV) will trade ex-dividend, for its quarterly dividend of $0.3359, payable on 3/31/16. As a percentage of PSA.PRV's recent share price of $25.39, this dividend works out to approximately 1.32%, so look for shares of PSA.PRV to trade 1.32% lower — all else being equal — when PSA.PRV shares open for trading on 3/14/16. On an annualized basis, the current yield is approximately 5.29%, which compares to an average yield of 7.38% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.As of last close, PSA.PRV was trading at a 1.56% premium to its liquidation preference amount. The chart below shows the one year performance of PSA.PRV shares, versus PSA: Below is a dividend history chart for PSA.PRV, showing historical dividends prior to the most recent $0.3359 on Public Storage's 5.375% Cumulative Preferred Share of Beneficial Interest, Series V : According to the ETF Finder at ETF Channel, Public Storage ( PSA - Get Report) makes up 12.25% of the iShares Residential Real Estate Capped ETF (REZ) which is trading relatively unchanged on the day Thursday. In Thursday trading, Public Storage's 5.375% Cumulative Preferred Share of Beneficial Interest, Series V ( PSA.PRV) is currently trading flat on the day, while the common shares ( PSA - Get Report) are trading flat.
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