About the Company
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT). It is the largest brand of self-storage services in the US. In 2008, it was the largest of four publicly traded storage REITs. There are more than 2,200 Public Storage self-storage locations in the US, Canada and Europe. It also owns 42 percent of an office parks subsidiary, sells packing supplies, and provides other services. As a REIT, it is owned by real estate investors, who receive more than 90 percent of the company's profits as a return-on-investment.Public Storage Inc. was founded in 1972 by B. Wayne Hughes and Kenneth Volk Jr. It grew to 1,000 locations by 1989, using funding from investors in real estate limited partnerships (RELPs). The private company was re-structured as a publicly traded REIT in 1995, when Storage Equities merged with Public Storage and adopted its name. In 2006 it acquired Shurgard Storage Centers in a $5.5 billion transaction. Shurgard has since been spun-out in to a separate publicly traded entity, with Public Storage retaining 36.6% of the company.
Exchange
NYSE
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Latest $PSA News
Public Storage: The Preferred Dividends Are Well Covered
Public Storage's Q3 results include just a few days of consolidation of Simply Self Storage and positive delta on interest income. The Series H preferred shares of Public Storage are trading at a ...
Tori Spelling Reveals She Had Estate Sale After $80K Bill for 50 Storage Units
On Tuesday's episode of her misSPELLING podcast, Tori Spelling took a look back at a time when she was forced to make a tough ...
Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M Shares Cross 5.5% Yield Mark
In trading on Wednesday, shares of Public Storage's 4.125% Depositary Shares Cumulative Preferred Shares Ser M (Symbol: PSA.PRM) were yielding above the 5.5% mark based on its quarterly dividend ...
Public Storage: Great Entry Point For Long-Term Investors
Public Storage is a unique self-storage REIT that offers attractive dividends and has historically outperformed the broader REIT market. Despite underperforming in the past year, there is an ...
From Moving to Organization: How Public Storage Boxes Can Make Your Life Easier
You can add another level of ease to your moving process by opting for public storage boxes. Keep reading to learn more about ...
4.3%-Yielding Public Storage: A Steady Eddie You May Need In Your Portfolio
When it comes to long-term investing, I believe in finding the sweet spot between buying income and growth. Unless you are retired and depending on income from your investments, I believe it makes ...
Public Storage
Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Public Float ...
Extra Space Storage Inc.
Public Storage Dep. Pfd. (Rep. 1/1000th Share 3.875% Cum. Pfd. Series N)-2.76% Public Storage Dep. Pfd. (Rep. 1/1000th 4.7% Cum. Pfd. SBI Series J)-1.97% Public Storage Dep. Pfd. (Rep. 1/1000 ...
Public Storage
Marketscategory Extra Space to buy Life Storage for $12.7 bln in self-storage mega deal April 3, 2023 Marketscategory Life Storage rejects $11 bln takeover bid from Public Storage February 17, 2023 ...
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