PSA Dividend Calculator
Public Storage yields 4.17%, close to the 2.92% median across US dividend payers — a rate that is unremarkable in itself, which puts the weight on how reliably it is paid rather than on how large it is. The figures below convert it into cash at a range of investment sizes.
PSA paid $12.00 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.
Your investment
PSA
Public Storage
4.17%
yield
Dividend income
$10,000 in PSA pays you
$416.71
per year
- Paid each quarter
- $104.18
- Monthly average
- $34.73
- Shares bought
- 34.73
- Payments a year
- 4
Total over 10 years, taken as cash
$4,167.10
Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.
PSA dividend income by investment amount
Based on the current yield of 4.17%. Figures are before tax and assume the dividend stays at its present level.
| Invested | Per year | Per payment | Monthly average |
|---|---|---|---|
| $1,000 | $41.67 | $10.42 | $3.47 |
| $5,000 | $208.36 | $52.09 | $17.36 |
| $10,000 | $416.71 | $104.18 | $34.73 |
| $25,000 | $1,041.78 | $260.44 | $86.81 |
| $50,000 | $2,083.55 | $520.89 | $173.63 |
| $100,000 | $4,167.10 | $1,041.78 | $347.26 |
PSA with dividends reinvested
$10,000 in PSA, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.
- After 10 years
- $15,137
- After 20 years
- $22,913
- After 30 years
- $34,683
$14,167 taking the income as cash
$18,334 taking the income as cash
$22,501 taking the income as cash
What makes up PSA's 4.17% yield
PSA paid $12.00 per share over the last twelve months against a share price of $287.97, which is where the 4.17% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.
A yield close to the market median is the least informative figure on this page — it is what most payers look like. What separates PSA from the rest of that group is the schedule it pays on, the record behind the payment and what funds it, covered below.
REITs are required to distribute the large majority of their taxable income to keep their tax status, which is why the yield is high by construction rather than by choice. It also means the payout ratio reads badly against accounting earnings: depreciation charges on property push reported earnings well below the cash actually collected, so the dividend is judged against funds from operations instead.
When PSA pays, and what that changes
PSA pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.
Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. PSA's full schedule and payment history are on its dividend page.
Is PSA's dividend covered by earnings?
PSA's payout ratio of 1.41 exceeds reported earnings, which is normal rather than alarming for a REIT: depreciation on property is a large non-cash charge that pushes accounting earnings well below the cash the business collects. The ratio is close to meaningless here, and the dividend is judged against funds from operations instead.
The figures hold the dividend flat. No multi-year record of consecutive increases is on file for PSA, so treat the projection as arithmetic on today's payment rather than as an expectation about future ones.
PSA dividend calculator FAQ
- How much does $10,000 in PSA pay in dividends?
- At PSA's current yield of 4.17%, $10,000 pays about $416.71 a year — roughly $104.18 per payment, paid quarterly, or $34.73 a month averaged out.
- What would PSA be worth after 10 years with dividends reinvested?
- Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in PSA would grow to about $15,137 after 10 years, against $14,167 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
- How often does PSA pay dividends?
- PSA pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
- Is PSA's dividend guaranteed?
- No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check PSA's full payment history before relying on any of it.
More on PSA
Public Storage is a common stock trading at $287.97 per share, paying quarterly. — All figures before tax. Not financial advice.