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PSA'M NOW TRADING POST CALL DATE

Public Storage · Series M · REIT - Diversified
Also quoted as: PSA-M, PSAprM, PSA.PRM, PSA-PM, PSApM
$15.29
last price

About this security

PSA'M is a 4.125% cumulative perpetual preferred stock issued by Public Storage, a REIT - Diversified issuer. $25 liquidation preference, current yield 6.74%, callable from 2025-08-14.

Public Storage: Public Storage is a real estate investment trust (REIT) that owns and operates self-storage facilities, where it leases storage space to residential and commercial customers on a month-to-month basis. The company's business focuses on the acquisition, development, and redevelopment of self-storage properties across its markets. As one of the largest self-storage operators in the United States, Public Storage manages a substantial nationwide portfolio of facilities under a recognizable brand.

Issuer page — all Public Storage securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 16:51:23 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
6.74%
Annual Dividend
$1.0312
Recent Market Price
$15.29
as of 2026-08-21
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$9.71 (+63.5%)
Recent Ex-Date
2026-06-15
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
4.125%
Call Date
2025-08-14 ⚑ callable now
Yield to Call
n/a — callable now
Yield to Worst
6.74%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
March 31, June 30, September 30, December 31
Shares Offered (original)
8,000,000 +1,200,000 OA
Issued
2020-08-14
Series
M
Alt. Symbology
PSA-M, PSAprM, PSA.PRM, PSA-PM, PSApM

vs. REIT - Diversified category (121 issues): yield 6.74% vs avg 8.19% · discount -38.8% vs avg -14.3%

Quote

 PSA'M (preferred)PSA (common)
Last $15.29 $325.94
Change +1.23 (+0.38%)
Open$15.30$325.52
High / Low $15.36 / $15.29 $328.57 / $323.99
Prev Close$324.71
Volume9,206876,142
52-Week High / Low $17.89 / $15.29 $331.79 / $256.54

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

PSA'M PSA (common)

Dividend History

Ex-DateAmount / Share
2026-06-15$0.257800
2026-03-16$0.257800
2025-12-15$0.257800
2025-09-15$0.257800
2025-06-12$0.257813
2025-03-13$0.257813
2024-12-13$0.257813
2024-09-13$0.257813
2024-06-12$0.257813
2024-03-12$0.257813
2023-12-12$0.257813
2023-09-12$0.257813

Performance — $10K Calculator

See what an investment in PSA'M would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for PSA'M →

Prospectus (SEC 424B5)

We are selling 8,000,000 depositary shares (the "Depositary Shares") each representing 1/1,000 of a 4.125% Cumulative Preferred Share of Beneficial Interest, Series M (the "Preferred Shares").

Use of proceeds: Net proceeds will be used to make investments in self-storage facilities and entities that own them, for the development of self-storage facilities, and for general corporate purposes, including the redemption of preferred shares.

Full Prospectus (SEC filing) →

Other Securities from Public Storage

SymbolTypeCouponPriceYield
PSA'F preferred 5.150% 19.29 6.67%
PSA'G preferred 5.050% 18.69 6.75%
PSA'H preferred 5.600% 20.95 6.68%
PSA'I preferred 4.875% 18.32 6.65%
PSA'J preferred 4.700% 17.45 6.73%
PSA'K preferred 4.750% 17.83 6.66%
PSA'L preferred 4.625% 17.18 6.73%
PSA'N preferred 3.875% 14.47 6.69%
PSA'O preferred 3.900% 14.48 6.73%
PSA'P preferred 4.000% 14.90 6.71%
PSA'Q preferred 3.950% 14.65 6.74%
PSA'R preferred 4.000% 14.78 6.77%
PSA'S preferred 4.100% 15.24 6.73%

News — Public Storage

Issuer news via Tiingo — filtered to stories about PSA.

Related Articles

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