PSA-P-L: Public Storage 4.625% Series L Preferred Stock
Public Storage's PSA-P-L is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $17.66, PSA-P-L yields 6.55% on its $25 liquidation preference and 4.625% coupon.
It trades at a discount of 29.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-06-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.