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On 3/16/26, Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M (Symbol: PSA.PRM) will trade ex-dividend, for its quarterly dividend of $0.2578, payable on 3/31/26. As a percentage of PSA.PRM's recent share price of $16.56, this dividend works out to approximately 1.56%, so look for shares of PSA.PRM to trade 1.56% lower — all else being equal — when PSA.PRM shares open for trading on 3/16/26. On an annualized basis, the current yield is approximately 6.21%, which compares to an average yield of 8.10% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of PSA.PRM shares, versus PSA:

Below is a dividend history chart for PSA.PRM, showing historical dividends prior to the most recent $0.2578 on Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M:

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According to the ETF Finder at ETF Channel, Public Storage (Symbol: PSA) makes up 15.88% of the Pacer Industrial Real Estate ETF (INDS) which is trading relatively unchanged on the day Friday. (see other ETFs holding PSA).

In Friday trading, Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M (Symbol: PSA.PRM) is currently down about 0.2% on the day, while the common shares (Symbol: PSA) are trading flat.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.