PSA-P-I: Public Storage 4.875% Series I Preferred Stock
Public Storage's PSA-P-I is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $19.16, PSA-P-I yields 6.36% on its $25 liquidation preference and 4.875% coupon.
It trades at a discount of 23.4% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2024-09-12.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.