Public Storage (PSA) Dividend History
PSA latest dividend
$3.00last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateOct 6Tuesday, 2026
The next dividend has not been announced yet.
- 1985paying since
- Quarterly4 payments a year
- +8.4%5-year growth a year
- 4.02%forward yield
PSA dividend income calculator
- Dividend income a year
- $1,200
- Each payment
- $300
- Value of the shares
- $29,831
- Dividend yield
- 4.02%
At the latest close; forward annual dividend $12.00 per share, before tax.
PSA dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
PSA dividend safety
Payout ratio (earnings)101.2%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)79.5%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+8.4%
Growing · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
PSA yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $307.61 | 3.90% | $12.00 | 3.9% |
| 3 years ago | $266.63 | 4.50% | $36.00 | 13.5% |
| 5 years ago | $322.22 | 3.72% | $68.15 | 21.2% |
| 10 years ago | $215.83 | 5.56% | $108.15 | 50.1% |
| 20 years ago | $89.48 | 13.41% | $149.30 | 166.9% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
PSA dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
PSA dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $12.00 | 0.0% | 4.62% | 4 |
| 2024 | $12.00 | 0.0% | 4.01% | 4 |
| 2023 | $12.00 | −43.3% | 3.93% | 4 |
| 2022 | $21.15 | — | 7.55% | 5 |
| 2021 | $8.00 | 0.0% | 2.14% | 4 |
| 2020 | $8.00 | 0.0% | 3.46% | 4 |
| 2019 | $8.00 | 0.0% | 3.76% | 4 |
| 2018 | $8.00 | 0.0% | 3.95% | 4 |
| 2017 | $8.00 | +9.6% | 3.83% | 4 |
| 2016 | $7.30 | +12.3% | 3.27% | 4 |
| 2015 | $6.50 | +16.1% | 2.62% | 4 |
| 2014 | $5.60 | +8.7% | 3.03% | 4 |
| 2013 | $5.15 | +17.0% | 3.42% | 4 |
| 2012 | $4.40 | +20.5% | 3.04% | 4 |
| 2011 | $3.65 | +19.7% | 2.71% | 4 |
| 2010 | $3.05 | +38.6% | 3.01% | 4 |
| 2009 | $2.20 | −21.4% | 2.70% | 4 |
| 2008 | $2.80 | +40.0% | 3.52% | 4 |
| 2007 | $2.00 | 0.0% | 2.72% | 4 |
| 2006 | $2.00 | — | 2.05% | 4 |
PSA dividend history
169 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-15 | 2026-10-06 | $3.00 | — | Quarterly |
| 2026-06-15 | 2026-06-30 | $3.00 | — | Quarterly |
| 2026-03-16 | 2026-03-31 | $3.00 | — | Quarterly |
| 2025-12-15 | 2025-12-30 | $3.00 | — | Quarterly |
| 2025-09-15 | 2025-09-30 | $3.00 | — | Quarterly |
| 2025-06-12 | 2025-06-27 | $3.00 | — | Quarterly |
| 2025-03-13 | 2025-03-28 | $3.00 | — | Quarterly |
| 2024-12-13 | 2024-12-30 | $3.00 | — | Quarterly |
| 2024-09-13 | 2024-09-30 | $3.00 | — | Quarterly |
| 2024-06-12 | 2024-06-27 | $3.00 | — | Quarterly |
| 2024-03-12 | 2024-03-28 | $3.00 | — | Quarterly |
| 2023-12-12 | 2023-12-28 | $3.00 | — | Quarterly |
| 2023-09-12 | 2023-09-28 | $3.00 | — | Quarterly |
| 2023-06-13 | 2023-06-29 | $3.00 | — | Quarterly |
| 2023-03-14 | 2023-03-30 | $3.00 | +50.0% | Quarterly |
| 2022-12-13 | 2022-12-29 | $2.00 | — | Quarterly |
Show all 169 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-13 | 2022-09-29 | $2.00 | −84.8% | Quarterly |
| 2022-07-29 | 2022-08-04 | $13.15 | +557.5% | |
| 2022-06-14 | 2022-06-30 | $2.00 | — | Quarterly |
| 2022-03-15 | 2022-03-31 | $2.00 | — | Quarterly |
| 2021-12-14 | 2021-12-30 | $2.00 | — | Quarterly |
| 2021-09-14 | 2021-09-30 | $2.00 | — | Quarterly |
| 2021-06-14 | 2021-06-30 | $2.00 | — | Quarterly |
| 2021-03-15 | 2021-03-31 | $2.00 | — | Quarterly |
| 2020-12-14 | 2020-12-30 | $2.00 | — | Quarterly |
| 2020-09-14 | 2020-09-30 | $2.00 | — | Quarterly |
| 2020-06-12 | 2020-06-30 | $2.00 | — | Quarterly |
| 2020-03-13 | 2020-03-31 | $2.00 | — | Quarterly |
| 2019-12-12 | 2019-12-30 | $2.00 | — | Quarterly |
| 2019-09-11 | 2019-09-27 | $2.00 | — | Quarterly |
| 2019-06-11 | 2019-06-27 | $2.00 | — | Quarterly |
| 2019-03-12 | 2019-03-28 | $2.00 | — | Quarterly |
| 2018-12-11 | 2018-12-27 | $2.00 | — | Quarterly |
| 2018-09-11 | 2018-09-27 | $2.00 | — | Quarterly |
| 2018-06-12 | 2018-06-28 | $2.00 | — | Quarterly |
| 2018-03-13 | 2018-03-29 | $2.00 | — | Quarterly |
| 2017-12-12 | 2017-12-28 | $2.00 | — | Quarterly |
| 2017-09-12 | 2017-09-28 | $2.00 | — | Quarterly |
| 2017-06-12 | 2017-06-29 | $2.00 | — | Quarterly |
| 2017-03-13 | 2017-03-30 | $2.00 | — | Quarterly |
| 2016-12-12 | 2016-12-29 | $2.00 | +11.1% | Quarterly |
| 2016-09-12 | 2016-09-29 | $1.80 | — | Quarterly |
| 2016-06-13 | 2016-06-30 | $1.80 | +5.9% | Quarterly |
| 2016-03-14 | 2016-03-31 | $1.70 | — | Quarterly |
| 2015-12-11 | 2015-12-30 | $1.70 | — | Quarterly |
| 2015-09-11 | 2015-09-30 | $1.70 | — | Quarterly |
| 2015-06-11 | 2015-06-30 | $1.70 | +21.4% | Quarterly |
| 2015-03-12 | 2015-03-31 | $1.40 | — | Quarterly |
| 2014-12-11 | 2014-12-30 | $1.40 | — | Quarterly |
| 2014-09-11 | 2014-09-30 | $1.40 | — | Quarterly |
| 2014-06-11 | 2014-06-30 | $1.40 | — | Quarterly |
| 2014-03-12 | 2014-03-31 | $1.40 | — | Quarterly |
| 2013-12-11 | 2013-12-30 | $1.40 | +12.0% | Quarterly |
| 2013-09-11 | 2013-09-30 | $1.25 | — | Quarterly |
| 2013-06-10 | 2013-06-27 | $1.25 | — | Quarterly |
| 2013-03-11 | 2013-03-28 | $1.25 | +13.6% | Quarterly |
| 2012-12-10 | 2012-12-27 | $1.10 | — | Quarterly |
| 2012-09-10 | 2012-09-27 | $1.10 | — | Quarterly |
| 2012-06-11 | 2012-06-28 | $1.10 | — | Quarterly |
| 2012-03-12 | 2012-03-29 | $1.10 | +15.8% | Quarterly |
| 2011-12-12 | 2011-12-29 | $0.95 | — | Quarterly |
| 2011-09-12 | 2011-09-29 | $0.95 | — | Quarterly |
| 2011-06-13 | 2011-06-30 | $0.95 | +18.7% | Quarterly |
| 2011-03-11 | 2011-03-31 | $0.8 | — | Quarterly |
| 2010-12-13 | 2010-12-30 | $0.8 | — | Quarterly |
| 2010-09-13 | 2010-09-30 | $0.8 | — | Quarterly |
| 2010-06-11 | 2010-06-30 | $0.8 | +23.1% | Quarterly |
| 2010-03-11 | 2010-03-31 | $0.65 | +18.2% | Quarterly |
| 2009-12-11 | 2009-12-30 | $0.55 | — | Quarterly |
| 2009-09-11 | 2009-09-30 | $0.55 | — | Quarterly |
| 2009-06-11 | 2009-06-30 | $0.55 | — | Quarterly |
| 2009-03-12 | 2009-03-31 | $0.55 | −52.2% | Quarterly |
| 2008-12-11 | 2008-12-30 | $1.15 | +109.1% | Quarterly |
| 2008-09-11 | 2008-09-30 | $0.55 | — | Quarterly |
| 2008-06-11 | 2008-06-30 | $0.55 | — | Quarterly |
| 2008-03-12 | 2008-03-31 | $0.55 | +10.0% | Quarterly |
| 2007-12-11 | 2007-12-28 | $0.5 | — | Quarterly |
| 2007-09-10 | 2007-09-27 | $0.5 | — | |
| 2007-06-13 | 2007-06-28 | $0.5 | — | Quarterly |
| 2007-03-13 | 2007-03-29 | $0.5 | — | Quarterly |
| 2006-12-13 | 2006-12-28 | $0.5 | — | Quarterly |
| 2006-09-13 | 2006-09-28 | $0.5 | — | Quarterly |
| 2006-05-31 | 2006-06-29 | $0.5 | — | Quarterly |
| 2006-03-13 | 2006-03-30 | $0.5 | — | Quarterly |
| 2005-12-13 | 2005-12-29 | $0.5 | — | Quarterly |
| 2005-09-13 | 2005-09-29 | $0.5 | +11.1% | Quarterly |
| 2005-06-13 | 2005-06-30 | $0.45 | — | Quarterly |
| 2005-03-11 | 2005-03-31 | $0.45 | — | Quarterly |
| 2004-12-13 | 2004-12-31 | $0.45 | — | Quarterly |
| 2004-09-13 | 2004-09-30 | $0.45 | — | Quarterly |
| 2004-06-14 | 2004-06-30 | $0.45 | — | Quarterly |
| 2004-03-11 | 2004-03-31 | $0.45 | — | Quarterly |
| 2003-12-11 | 2003-12-31 | $0.45 | — | Quarterly |
| 2003-09-11 | 2003-09-30 | $0.45 | — | Quarterly |
| 2003-06-12 | 2003-06-30 | $0.45 | — | Quarterly |
| 2003-03-12 | 2003-03-31 | $0.45 | — | Quarterly |
| 2002-12-11 | 2002-12-31 | $0.45 | — | Quarterly |
| 2002-09-11 | 2002-09-30 | $0.45 | — | Quarterly |
| 2002-06-12 | 2002-06-28 | $0.45 | — | Quarterly |
| 2002-03-13 | 2002-03-29 | $0.45 | — | Quarterly |
| 2001-12-12 | 2001-12-31 | $0.45 | −43.8% | Quarterly |
| 2001-09-12 | 2001-09-28 | $0.8 | +263.6% | Quarterly |
| 2001-06-13 | 2001-06-29 | $0.22 | — | Quarterly |
| 2001-03-13 | 2001-03-30 | $0.22 | — | Quarterly |
| 2000-12-13 | 2000-12-29 | $0.22 | −73.2% | Quarterly |
| 2000-09-13 | 2000-09-29 | $0.82 | +272.7% | Quarterly |
| 2000-06-13 | 2000-06-30 | $0.22 | — | Quarterly |
| 2000-03-13 | 2000-03-31 | $0.22 | — | Quarterly |
| 1999-12-13 | 1999-12-31 | $0.22 | −64.5% | Quarterly |
| 1999-11-10 | 2000-01-14 | $0.62 | +181.8% | |
| 1999-09-13 | 1999-09-30 | $0.22 | — | Quarterly |
| 1999-06-11 | 1999-06-30 | $0.22 | — | Quarterly |
| 1999-03-11 | 1999-03-31 | $0.22 | — | Quarterly |
| 1998-12-07 | 1998-12-31 | $0.22 | — | Quarterly |
| 1998-09-09 | 1998-09-30 | $0.22 | — | Quarterly |
| 1998-06-11 | 1998-06-30 | $0.22 | — | Quarterly |
| 1998-03-12 | 1998-03-31 | $0.22 | — | Quarterly |
| 1997-12-11 | 1997-12-31 | $0.22 | — | Quarterly |
| 1997-09-11 | 1997-09-30 | $0.22 | — | Quarterly |
| 1997-06-12 | 1997-06-30 | $0.22 | — | Quarterly |
| 1997-03-12 | 1997-03-31 | $0.22 | — | Quarterly |
| 1996-12-11 | 1996-12-27 | $0.22 | — | Quarterly |
| 1996-09-11 | 1996-09-27 | $0.22 | — | Quarterly |
| 1996-06-12 | 1996-06-28 | $0.22 | — | Quarterly |
| 1996-03-13 | 1996-03-31 | $0.22 | — | Quarterly |
| 1995-12-13 | 1995-12-29 | $0.22 | — | |
| 1995-09-13 | 1995-09-30 | $0.22 | — | |
| 1995-06-13 | 1995-06-30 | $0.22 | — | |
| 1995-02-17 | 1995-03-31 | $0.22 | — | |
| 1994-12-09 | 1994-12-31 | $0.22 | +4.8% | |
| 1994-09-09 | 1994-09-30 | $0.21 | — | |
| 1994-06-09 | 1994-06-30 | $0.21 | — | |
| 1994-03-09 | 1994-03-31 | $0.21 | — | |
| 1993-12-09 | 1993-12-31 | $0.21 | — | |
| 1993-09-09 | 1993-09-30 | $0.21 | — | |
| 1993-06-09 | 1993-06-30 | $0.21 | — | |
| 1993-03-09 | 1993-03-31 | $0.21 | — | |
| 1992-11-23 | 1992-12-31 | $0.21 | — | |
| 1992-08-24 | 1992-09-30 | $0.21 | — | |
| 1992-06-09 | 1992-06-30 | $0.21 | — | |
| 1992-02-27 | 1992-03-31 | $0.21 | — | |
| 1991-11-22 | 1991-12-31 | $0.21 | — | |
| 1991-08-26 | 1991-09-27 | $0.21 | +5.0% | |
| 1991-05-24 | 1991-06-28 | $0.2 | — | |
| 1991-02-22 | — | $0.2 | — | |
| 1990-11-26 | 1990-12-31 | $0.2 | — | |
| 1990-09-10 | 1990-09-28 | $0.2 | — | |
| 1990-05-24 | 1990-06-29 | $0.2 | +300.0% | |
| 1990-03-06 | 1990-03-26 | $0.05 | −85.7% | |
| 1989-11-24 | 1989-12-15 | $0.35 | — | |
| 1989-08-25 | 1989-09-15 | $0.35 | — | |
| 1989-05-24 | 1989-06-15 | $0.35 | — | |
| 1989-02-22 | 1989-03-15 | $0.35 | — | |
| 1988-11-23 | 1988-12-15 | $0.35 | — | |
| 1988-08-25 | 1988-09-15 | $0.35 | — | |
| 1988-05-09 | 1988-06-15 | $0.35 | — | |
| 1988-02-22 | 1988-03-15 | $0.35 | — | |
| 1987-11-09 | 1987-12-15 | $0.35 | — | |
| 1987-08-10 | 1987-09-15 | $0.35 | — | |
| 1987-05-11 | 1987-06-15 | $0.35 | — | |
| 1987-02-09 | 1987-03-13 | $0.35 | — | |
| 1986-11-07 | — | $0.35 | — | |
| 1986-08-11 | — | $0.35 | −27.1% | |
| 1986-05-15 | — | $0.48 | — | |
| 1986-02-10 | — | $0.48 | — | |
| 1985-11-08 | — | $0.48 | — | |
| 1985-07-25 | — | $0.48 | +4.3% | |
| 1985-04-25 | — | $0.46 | — | |
| 1985-01-28 | — | $0.46 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
PSA stock split history
Public Storage has no stock splits on record.
PSA dividend overview
Public Storage pays an annual dividend of $12.00 per share, a yield of 4.02% at the latest close, paid quarterly. It paid $12.00 per share in 2025, unchanged from 2024. Over five years the dividend grew 8.4% a year on average and over ten years 6.3% a year. The payout ratio is 101.2% of trailing earnings.
Related: PSA cash flow statement, PSA key metrics, PSA chart. See the PSA stock overview for the latest quote and news.
PSA dividends FAQ
Does Public Storage pay a dividend?
Yes. Public Storage has paid a regular dividend since 1985, quarterly, most recently $3.00 per share with an ex-dividend date of September 15, 2026.
What is Public Storage's dividend yield?
Public Storage's forward annual dividend is $12.00 per share, a dividend yield of 4.02% at the latest close of $298.31.
How often does Public Storage pay dividends?
Public Storage pays dividends quarterly.
How fast is Public Storage's dividend growing?
Public Storage's dividend per share grew from $8.00 in 2020 to $12.00 in 2025, 8.4% a year on average over five years.
What is Public Storage's dividend payout ratio?
Public Storage pays out 101.2% of its trailing earnings as dividends and 79.5% of its free cash flow (fiscal 2025).